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Caution! Contents Hot: Key Benefits Issues to Watch During the Remainder of 2024 | Bass, Berry & Sims PLC

While the sweltering roil of temporary regulatory changes related to the COVID-19 pandemic may have cooled and the initial burst of SECURE 2.0 steam begins to dissipate, sponsors of. ....

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Game-Changing Automatic Enrollment Policies Win Our March Math-ness Bracket

Millions of college sports fans have filled out their NCAA March Madness brackets. They’ve calculated their favorite team’s chance of claiming the championship. They’ve weighed statistics and track records to determine no-brainers and upsets. And many have celebrated or lamented as they’ve been met with early wins or losses that either validated or busted their […] ....

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North Carolina Works to Expand Access to Advanced Math Courses

More than 58,000 students were eligible for placement in advanced math courses in grades 6-12 during the 2022-23 school year, Department of Public Instruction (DPI) Deputy State Superintendent Dr. Michael Maher told lawmakers on Tuesday during a Joint Legislative Education Oversight Committee (JLEOC) meeting. The number of students eligible for advanced math courses increased more than 18% […] ....

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The Median 401(k) Balance For Any Age Is Much Lower Than Expected: Many Over 50-Year-Olds Have Barely Enough For A New Car

When planning for retirement, many Americans rely on their 401(k) savings as a key component of their financial strategy. However, recent data suggests that the median 401(k) balance is much lower than many people might expect. According to a report from Vanguard titled "How America Saves 2023," the average 401(k) balance varies significantly by age group. According to Vanguard's data, here are the average and median balances: Age Average Account Balance Median Account Balance Under 25 $5,236 $1 ....

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IRS Releases SECURE 2.0 Guidance; Extends Amendment Deadlines

On December 20, 2023, the Internal Revenue Service (“IRS”) issued Notice 2024-2, which provides guidance on some important provisions of the SECURE 2… ....

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