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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

BMT Office Administration

The saga of 401(k) catch-up contributions under SECURE 2.0 Beginning with catch-up contributions to be made next year, employees whose Social Security wages (W-2, Box 3 wages) exceed $145,000 this year can make catch-up contributions on a Roth, after-tax basis only. is well known.

Payroll 97
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6 Brutally Honest Lessons About Working From Home

Allwork

By 2025, it’s projected that 32.6 Your bedroom should be a sanctuary for rest and relaxation, not a hub of work-related stress. Yet, a surprising 21% of remote workers find themselves setting up shop in their bedroom, according to Buffer. Hit us up on Twitter ! As of 2023, 12.7% A lot of it. Or, well, “X” now.

2025 267
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How Workplace Design Can Help Attract Gen Z

Allwork

Generation Z, the youngest working generation, is expected to make up 27% of the workforce by 2025. Born between 1997 and 2012, Generation Z currently makes up 30 percent of the world’s population and is expected to make up 27% of the workforce by 2025. Is there a need for a mobile whiteboard?

Health 313
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The Secret Tool Every Workplace Needs to Thrive in 2024

Allwork

As leaders navigate the challenges of managing hybrid, distributed, and intergenerational workforces, the complexity of overseeing individuals and fostering an environment for success is unprecedented. Eileen: I love that you’re opening up with a very real and persistent problem most businesses are facing in 2024, and I couldn’t agree more.

2024 246