Legacy Partners Eileen Brassil, Eric Baertsch, Michael Tiberi, Dani Tyler, Greg Wallenbecker, Eric Wallin, and Dave Zabrecky attended the International Foundation of Employee Benefit Plans (IFEBP) U.S. Annual Conference in San Diego, CA November 10-14. Eileen Brassil presented at the Accountants Town Hall, while Michael Tiberi presented at Accountants: Best Practices in Audit Quality. The Conference convenes ... Read More ›
The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related limits will increase for 2025 — but less than in prior years. Thus, depending on the type of plan you have, you may have limited opportunities to increase your retirement savings.
Type of limitation 2024 limit 2025 limitElective deferrals to 401(k), 403(b), ... Read More ›
Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks earlier, Hurricane Helene victimized millions of people in multiple states across the southeastern portion of the country. The two devastating storms are among the many weather-related disasters this year. Indeed, natural disasters have led to significant losses for many taxpayers, ... Read More ›