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30 August 2023 NOTICE AND AGENDAChemical Industries of the Philippines, Inc. To the StockholdersSubject: Annual Stockholders’ Meeting Ladies and Gentlemen: NOTICE is hereby given that the Annual Stockholders’ Meeting of Chemical Industries of the Philippines (“CIP”) will be held on 21 September 2023 at 2:30 p.m. to be conducted virtually,…
30 August 2023 NOTICE AND AGENDAChemical Industries of the Philippines, Inc. To the StockholdersSubject: Annual Stockholders’ Meeting Ladies and Gentlemen: NOTICE is hereby given that the Annual Stockholders’ Meeting of Chemical Industries of the Philippines (“CIP”) will be held on 21 September 2023 at 2:30 p.m. to be conducted virtually,…
The intent was simply to require catch-up on a Roth basis for high-wage earners, i.e., those making more than $145,000 from their employer in the prior year, and to permit other participants to make catch-up contributions on either a pre-tax or Roth basis.
Employers can offer participants who are age 50 or older the opportunity to make additional catch-up contributions to their retirement plans, providing a great way for older workers to save more money—up to an extra $7,500 for 2023—as they get closer to retirement age.
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond. The SECURE 2.0 Act indicates...