Senators Introduce SIMPLE Plan Modernization Act
It aims to make SIMPLE plans more accessible among small businesses and would raise the contribution and catch-up limits.
Tag: contribution limits
2019 Contribution/Benefit Limits Updated for Puerto Rico Employers
The Puerto Rico Department of the Treasury has published its 2019 limits on qualified retirement plan contributions and benefits.
Legislators Propose Expanded Features for SIMPLE Plans
A new law would raise the contribution limit for SIMPLE plans from $12,500 to $15,500 for the smallest businesses and give businesses with 26 to 100 employees the option of the higher limits.