Stay informed with Alera Group’s 2025 IRS Retirement Contribution Limits Guide. This insight offers a clear overview of the updated limits for 401(k), IRA, and other essential retirement plans, helping individuals and employers make informed decisions and optimize retirement contributions for the year ahead.
November 5, 2024
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Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors.
November 4, 2024
Find out moreStocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum.
October 28, 2024
Find out moreOn September 9, 2024, the DOL, IRS and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (MHPAEA Final Rule). The MHPAEA Final Rule is similar to the proposed rule released on July 25, 2023, with some marked differences. While the MHPAEA Final Rule is effective as of November 22, 2024, the requirements become enforceable at different times. Most apply to plan years beginning on or after January 1, 2025, with other requirements becoming enforceable for plan years beginning on or after January 1, 2026.
October 25, 2024
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On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024.
October 23, 2024
Find out more Stocks posted modest gains last week, with quarterly earnings season in full swing and the election on the horizon.
October 21, 2024
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Discover how emotions like fear, greed, and overconfidence can impact your investment decisions and learn ways to overcome them.
October 17, 2024
Find out more Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East.
October 15, 2024
Find out more Thirty percent of adults in the U.S. report having received a student loan to further their education. According to the Federal Reserve, the median student loan debt for those with outstanding balances in 2023 ranged between $20,000 and $25,000. To help ease this financial burden, employers are increasingly offering a match toward student loan repayments as an employee benefit to help alleviate the financial strain. This trend also highlights the increasing focus on addressing student debt within the framework of overall financial wellness initiatives.
October 14, 2024
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