Major 401(k) Changes for 2026: What You Need to Know About Mandatory Roth Catch-Ups
If you’re 50 or older and earning over $150,000, your retirement savings strategy is about to change whether you like it or not. Starting in 2026, you’ll lose the ability to make pre-tax catch-up contributions to your 401(k)—they’ll all be Roth, meaning you’ll pay taxes upfront. This transition could cost you thousands in take-home pay […]
Understanding “No Tax on Overtime” Current IRS Guidance for HR and Payroll (2025 Filing Season
The “no tax on overtime” provision doesn’t eliminate payroll withholding—it creates a personal income tax deduction your employees claim on their returns for the overtime premium portion only. You’ll continue withholding payroll taxes as usual, and FLSA compliance requirements remain unchanged. For 2025, the IRS offers shift relief with no mandatory W-2 reporting, though you […]
How Should Employers Navigate Exempt Classifications After the DOL Overtime Rule Collapsed?
After the November 2024 federal court vacated the DOL’s overtime rule, you’ll need to traverse a complex state-by-state compliance landscape. If you raised salaries last July, you’re not legally required to maintain them in federal-only states, but rolling back creates morale risks and potential legal exposure. In the 18+ states with independent thresholds—ranging from California’s […]
