The Strategic Retirement Benefits Group, LLC

🗞️ 2025 401(k) Contribution Limits ↗️ and with a twist! The IRS sets contribution limits annually, and these limits vary depending on your age. If you're someone aiming to maximize your contributions, be sure to review the current year's maximum limits. For 2025 the contribution limits are below: $23,500 (increase $500) Catch-up no change at $7,500 As part of continued change with retirement plan provisions, Section 109 Catch-Up Contributions for Participants Ages 60-63 increases the catch-up limits for participants in 401(k), 403(b), and 457(b) plans that are ages 60-63 to the greater of $10,000 or 150 percent of the regular catch-up amount in 2025. FAQ’s: ❓Is it based on my age at the beginning or end of the year? It is based on how old you are at the end of the year. For example, if you turn 50 years old on December 17th, 2025 you are eligible for the entire $7,500 catch-up in 2025. ❓How do I make sure I don’t go over the limits? It is always advisable to monitor your contributions throughout the year. Your payroll vendor is likely set up to monitor to the IRS limits and stop deferrals once you hit the maximum based on your age and start your contributions again at the beginning of the next year. If you are an employee who has contributed to another Plan during the year you are solely responsible for monitoring not going over the limit between the two plans. Don't forget to max your match! 💰 Borislow Insurance The Strategic Retirement Benefits Group, LLC #403b #retirement Karen A Robinson CPFA® Kate Zimmerman Abby Sheehan Hannah B.

Ready to enhance your knowledge on Cash Balance Plans? Don’t miss this educational workshop designed exclusively for CPAs hosted by our very own Karen A Robinson CPFA® and Kate Zimmerman!

Last week, we had the privilege of participating in a highly successful Certified 401(k) Plan Fiduciary Program hosted by TPSU - The Plan Sponsor University at Endicott College’s Wylie Inn and Conference Center in Beverly, MA! Led by our very own Michaela F. Scott, MSFS, CFP, C(k)P®,  the program brought together a dedicated group of plan fiduciaries for an insightful day of education. From producing outcomes to staying compliant, the discussions were full of actionable takeaways, helping fiduciaries better serve their retirement plan participants. We are always inspired by the plan sponsors who, despite their many responsibilities, took time to invest in fiduciary education. Your energy and dedication make a real impact! A big thank you to TPSU for hosting, and to all of our sponsors who contributed and/or participated in making this event such a success. Sue Walton Allen Ehling Ryan S. Fay Todd M. Mann, CIMA® Alan Valença, CFP®, CIMA®, RMA® Dan Zibaitis Seth Marsters, AIF®, CPFA® Michael Pisano Jeffrey Beauregard CRPS®, C(k)P®Fred Barstein #FiduciaryEducation #401k #403b #RetirementPlanning #PlanSponsors #TPSU Borislow Insurance

Join me Oct 30th @ The Southern RI Chamber of Commerce for an education session on the new RI Retirement Plan Mandate! Learn about the new law and the options available if you do not currently have a Retirement Plan.

We are thrilled to announce that Michaela F. Scott, MSFS, CFP, C(k)P®, has been nominated for the NAPA's Top Young Retirement Plan Advisors award! 🎉 We’re incredibly proud of the impact she has on our clients and their participants- she is a true champion for financial wellness and creating better outcomes! #RetirementPlanning #FinancialLeadership Borislow Insurance

⭐📊💻 Upcoming Webinar: Market Volatility and Elections: Why Long-Term Strategy Wins In recent conversations, many plan participants have asked about market volatility and the potential impacts of the upcoming election. To help address these questions and concerns, we are hosting an exclusive webinar led by Webb Heidinger, CIMA® of Capital Group, that focuses on staying confident in investment strategies, understanding historical market trends during election years, and maintaining a positive long-term outlook. Webinar Details: Topic: Market Volatility and Elections: Why Long-Term Strategy Wins Date: October 15, 2024 Time: 12:00 PM EST Registration Link: https://lnkd.in/ga9--XCB Our goal is to offer valuable insights into how market trends have historically played out during election years, without delving into politics. This is purely an educational resource designed to help your employees feel more secure in their investment strategies. If you or your employees would like to see the materials or resources, before or after attending the webinar, we’d be happy to share them. Michaela F. Scott, MSFS, CFP, C(k)P® Karen A Robinson CPFA® Kate Zimmerman Abby Sheehan Hannah B. Borislow Insurance

We’re excited to share that our own Hannah B. had the opportunity to attend the 2024 RPAG National Conference last week in Laguna Nigel, California! This conference, a can't-miss event for our team each year, focuses on the latest developments in the retirement industry, ensuring we stay at the cutting edge of industry advancements. From sunrise to sunset, Hannah was fully immersed — connecting with peers, collaborating with provider partners, and exploring the latest technology designed to enhance client service. She’s eager to bring back fresh ideas and innovations that will deliver even greater value to our clients in the months ahead. #JUBILEE2024 #InnovationInAction #RetirementPlans #2024NationalConference #RetirementPlanning

We’re honored to announce that Michaela F. Scott, MSFS, CFP, C(k)P®, who leads our team with passion and integrity, has been nominated for the 2024 NAPA Top Women of Excellence award. 🌟 Michaela’s commitment to our clients and the retirement industry continues to inspire us every day. If you’ve worked with her or have seen the impact she’s made, we’d love for you to consider voting in support of her nomination. 👉 Cast your vote here: https://lnkd.in/g2uQd_-7 #NAPA #WomenInFinance #WomenofExcellence #RetirementPlanning Borislow Insurance

Personalization at its finest! The IRS is driving innovation in benefits, offering employers ways to maximize their benefits spend and employees to tailor their benefits to their needs. If your employer allowed you to redirect your 401(k) match to another benefit, what would you choose? Options include keeping the 401(k) match, opting for a retiree HRA, paying down student debt, or funding your health savings account. Which benefit would you prioritize? #benefits #finances #401k #HRA #studentdebt #healthcare #HSA #financialbenefits Borislow Insurance The Strategic Retirement Benefits Group, LLC

🎤 Blurry photo, clear message 📸 We're proud of Michaela F. Scott, MSFS, CFP, C(k)P®, for recently speaking on an Advisor Panel at the Fidelity Summit. Her main takeaway? As the industry becomes increasingly complex, the value of strong advisor relationships has never been more crucial. With new regulations and evolving trends, having a trusted advisor by your side makes all the difference. #FidelitySummit #AdvisorPanel #IndustryInsights #RetirementPlans #RetirementPlanning #401k #403b Borislow Insurance