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Monthly Archives: November, 2017

  • ‘Saver’s Credit’ Helps Workers Save for Retirement

    End-of-Year Deadline Applies to Employer-Sponsored Plans

    The IRS is reminding workers that contributions to employer-sponsored IRAs, 401(k) plans, 403(b) plans, or similar workplace retirement programs must be made by year’s end to qualify for the Retirement Savings Contributions Credit.

    Also known as the “Saver’s Credit,” this special tax break for low- and moderate-income workers helps offset part of the first $2,000 workers contribute to the plans. The saver’s credit can be claimed for tax year 2017 by:

    • Married couples filing jointly with incomes up to $62,000;
    • Heads of household with incomes up to $46,500; and
    • Married individuals filing separately and singles with incomes up to $31,000.

    However, contributions (elective deferrals) to an employer-sponsored plan must be made by the end of December to qualify for the credit.

    Click here to read the IRS reminder in its entirety.

    For additional information on 401(k) plans, please see our Retirement Plans section.

    HR News Alerts provided by:

    Team Nash
    2005 E 2700 St, Suite 140, Salt Lake City, UT 84109
    385-234-6754

    Please Note: The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources which we believe to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose.

    The information provided herein is intended solely for the use of our clients and members. You may not display, reproduce, copy, modify, license, sell or disseminate in any manner any information included herein, without the express permission of the Publisher. Kindly read our Terms of Use and respect our Copyright.

    Copyright © 2017 HR 360, Inc., All rights reserved.

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  • Health Savings Accounts

    Please Note: The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources which we believe to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose.

    The information provided herein is intended solely for the use of our clients and members. You may not display, reproduce, copy, modify, license, sell or disseminate in any manner any information included herein, without the express permission of the Publisher. Kindly read our Terms of Use and respect our Copyright.

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  • 2018 Open Enrollment

     

     

    IMPORTANT: The Open Enrollment Period has been shortened from 12 to 6 weeks!

     

    • Click here for a quote. 2018 rates should be available mid-October. You can also call our office at 385-234-6754.
    • November 1, 2017 is the first day of Open Enrollment.
    • All enrollments and plan changes must be submitted by December 15th. DO NOT MISS THIS DEADLINE. If you miss this deadline, you must wait until the next Open Enrollment (there are exceptions for Special Enrollment Periods).

    If you would like to set up an appointment during the Open Enrollment, please click here to schedule a telephone appointment with one of our licensed agents.

     

    We appreciate your continued business and look forward to assisting you.

     

            2005 E 2700 S.  SLC, UT 84109• (385) 234-6754
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