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(The Center Square) – On Monday, the Washington State Senate passed Substitute Senate Bill 5085, which merges three closed retirement systems and permanently increases cost-of-living increases ...
The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday.
Three significant 401(k) plan changes coming in 2025 are worth paying attention to, regardless of when you plan to retire, whether you work full-time or part-time, or whether you even have a 401(k)...
401(k) Enrollment Will Be Automatic in 2025. Beginning in 2025, any 401(k) plan established after Dec. 29, 2022 will automatically enroll employees — as long as they are eligible and don’t opt ...
The Revised Code of Washington (RCW) is the compilation of all permanent laws currently in force in the U.S. state of Washington. [1] Temporary laws such as appropriations acts are excluded. It is published by the Washington State Statute Law Committee and the Washington State Code Reviser which it employs and supervises. [2] [3]
The most important exceptions (i.e., state laws that survive despite the fact that they may relate to an employee benefit plan) are state insurance, banking, or securities laws, generally applicable criminal laws, and domestic relations orders that meet ERISA's qualification requirements. [18]
Changes to 401(k) rules allow for a potential boost in savings. ... The law ushered in a new rule that provides extra catch-up contributions for employees aged 60 to 63. Those older workers can ...
The Washington Administrative Code is the codification of the regulations of the state of Washington. Its federal equivalent is the Code of Federal Regulations (CFR). [ 1 ] [ 2 ] [ failed verification ]