Retirement benefits

As the U.S. retirement savings crisis continues to grow, legislators are taking steps to ensure all employees have access to formal retirement savings programs.

The bipartisan legislation aims to expand retirement savings by offering more tax incentives to individuals and small businesses.

Three bills that would make major change have already emerged from the Ways & Means Committee.

The House Ways and Means Committee voted to approve legislation that would relax the rules for those saving for retirement.

Renaissance Technologies, the giant hedge fund founded by billionaire Jim Simons, looks like it has created the premier individual retirement account.

CPA financial planners share their favorite moves for kicking off the year right.

People want to know if there is anything that can be done for pre-retirement medical expenses. The answer is yes.

It’s not too late to cut down clients' tax liability before the end of the year.

In today’s age of lost tax deductions many accountants are looking for new tax deductions they can offer their clients.

The IRS announced upward adjustments for 401(k), 403(b)s and other plans.

14 steps clients and practitioners should look to improve in 2019.

The Internal Revenue Service has issued a private letter ruling allowing an unnamed employer to make 401(k) contributions on behalf of employees who are repaying their student loans.

There’s one area where the traditional pension plan is getting new life — as a tax dodge for wealthy business owners.

The Internal Revenue Service recently reduced a user fee, modified its policy on issuing opinion and advisory letters, and changed the pre-approved program for cash balance plans.

As the country moves toward full employment, employers face the challenge of differentiating their business and job opportunities.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

The Internal Revenue Service said Tuesday that the Tax Cuts and Jobs Act of 2017 won’t affect the tax year 2018 dollar limitations for retirement plans the IRS had announced last year.

The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for postemployment benefits other than pensions, such as retiree health care.

President Donald Trump is trying out a new campaign slogan: “How’s your 401(k) doing?” The answer for more than half of Americans is that they don’t have one.