401(k) Contribution Limits Increased for 2018

For the first time in three years, the IRS has increased the annual 401(k) contribution limit for 2018. The annual limit was increased $500, to $18,500. The catch-up contribution limit remains unchanged at $6,000, resulting in a total contribution limit of $24,500 for individuals over the age of 50. Additionally,

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How Non-Profits Use Compensation to Incentivize Performance

Incentivizing performance can be a powerful tool for attracting and retaining top talent. In fact, more than 80 percent of top executives in the private sector participate in incentive plans. Like their counterparts in corporate America, non-profits are realizing that incentivizing staff is just good business. Recent studies have found

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Employee Benefit Plan Operations: Protect Against Fraud

As the employee benefit plan audit season gets underway and the Form 5500 due date to the Department of Labor approaches, plan sponsors should take this time to examine the company’s employee benefit plan operations and related fraud risks. Most plan sponsors rely on a third party administrator to handle

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