BREAKING NEWS TWO-YEAR GRACE PERIOD IN IMPLEMENTING CATCH-UP CONTRIBUTIONS AS ROTH   On AUGUST 25TH, 2023 The Internal Revenue Service announced a two- year transition period with respect to the requirement that catch-up contributions made by certain 401(k) plan participants be designated as ROTH contributions. The specifics of the transition period are: The change under…

How to Make the Most Of Your 401(k) Plan More and more people are relying on their 401(k) plans for their future financial well-being. Many employees are contributing part of their salaries in 401(k) plans and very often also directing their own investments. Employees directing their own investments must consider investment objectives, the risk/return characteristics…