The IRS is giving a bump in 2019 to retirement plan savers in 401(k), 403(b) and 457 plans to $19,000 – this is the limit an employee can defer from compensation into a retirement plan. Unfortunately, we did not see an increase in the catch-up limit of $6,000 for those over 50, this limit will… Read more »
Declines in state revenue, coupled with the rising costs of responding to the COVID-19 pandemic, have forced legislators to make difficult decisions about how to allocate state education dollars. While several states continue to revise their FY 2021 budgets to reflect adjusted revenue projects, most have enacted new budgets.
