Internal Revenue Service Announces Retirement and Savings Initiatives

The Internal Revenue Service recently issued substantial guidance designed to boost retirement savings, including:

1.) Changes to automatic retirement plan contributions;
2.) Contributions of unused paid time off to be contributed to a retirement plan; and
3.) A detailed explanation of tax‐free rollover options.

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For more information, contact Perkins' Employee Benefit Plan Audit Team:
Pati Schmitt, 503.221.7516, pschmitt@perkinsaccounting.com
Jared Holum, 503.221.7581, jholum@perkinsaccounting.com
Grant Jones, 503.221.7503, gjones@perkinsaccounting.com
Jennifer Elder, 503.221.7520, jelder@perkinsaccounting.com