Phil Ash

You can’t legally defer compensation from one year into another year. Contributions into 401(k) accounts and rollovers of unused health FSA benefits are the two exceptions. Nonqualified deferred compensation plans, however, allow employees to defer compensation into subsequent years.

We love a good spy drama, but who would’ve thought the intrigue of corporate espionage would ever come to the boring world of 401(k) plan administration? Apparently, it has.

The Empire State imposes an empire-like burden on employers with employees working remotely in other states—withhold our taxes, as well as the taxes for your remote employee’s state, if your employee works remotely for their convenience, not yours. As we have seen, the pandemic didn’t change this co

2026 pretax 401(k) contribution limit estimations, overtime transition guidance and more in our chocolate-covered Friday wrap.

401(k) plans offering investment opportunities in crypto have the longest and bumpiest track record. An appeal pending before the Supreme Court may test the viability of 401(k) investments in private equity.

What happens to your 2025 W-2 reporting if you discover an employee was underpaid last year and you made up the difference this year? To what year is the make-up payment assigned—2024, when it was earned, or 2025, when it was paid?

The Committee for a Responsible Federal Budget believes it’s found a way to shore up the Social Security and Medicare trust funds and perhaps give employers a 1% break on their FICA contributions.

The IRS issued a fact sheet last week on the OBBBA’s axing the employee retention credit for the third and fourth quarter of 2021. In addition to the ERC withdrawal program, the IRS rolled out two voluntary disclosure programs under which employers that received their ERCs but later had second thoug

The Social Security Administration has announced the taxable wage base and other figures for 2026.