Association of Flight Attendants-CWA’s Post

The trend in Fee Transparency applies to IRAs https://lnkd.in/gprWSbBE #napa401k #retirementadvisor #401kadvisor #retirementplanner #401kplanner

Topic – WEP and Substantial Earnings   Hey Marc! – I have a situation where someone has worked and is captured under WEP. The client is currently 65, and believes that if he works another 6 years, he will collect his full SS benefits and government pension.    Answer - If he has 30 years or more of substantial Social Security covered earnings WEP will not apply. See SS WEP Fact Sheet 05-10045 for a list of substantial earnings. Substantial earnings for 2024 is $31,275. #retirementplanning #financialadvisor #insuranceagent

If you run into problems at work, we can help to ensure that you are treated fairly. Whether the problem is with employment contracts, harassment, redundancy, pensions or discrimination we are here to help you. ➡️ https://lnkd.in/dstSYUB6

The biggest issue for employers with auto-enrolment won't be paying the contributions but the non-stop questions from employees. PensionsVault can provide employees with all the answers and give advisers access to a whole new pool of clients. Get a demo today Centric.ie #memberengagement #godigital

Good to see the Courts taking a pragmatic and constructive approach, to solve problems as to a missing document and defective execution. Read our blog post here: https://lnkd.in/eNzR3GNQ #PensionSchemes #Trustees #PensionsLaw

As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked emergency savings account (PLESA) and it became effective for plan years beginning Jan. 1, 2024. Employers with 401(k), 403(b) and 457(b) plans can opt to offer PLESAs to non-highly compensated employees. For 2024, a participant who earned $150,000 or more in 2023 is highly compensated. Contributions to the accounts are limited to $2,500 (or a lower amount determined by the plan sponsor) in 2024. The $2,500 amount will be adjusted for inflation in future years. To learn more from the U.S. Department of Labor and the IRS: https://bit.ly/3tQURm2 or https://bit.ly/3S7mWgY #DukhonTax

### Constitutional Provisions While the Constitution of India does not specifically mention the ED or CBI, it provides a broad framework for law and order, under which these agencies operate: 1. **Article 246**: This article deals with the distribution of legislative powers between the Union and the States. The Seventh Schedule to the Constitution lists matters under the Union List, State List, and Concurrent List. "Criminal law" and "criminal procedure" fall under the Concurrent List, allowing both the Parliament and State Legislatures to make laws on these subjects. 2. **Article 21**: This article guarantees the protection of life and personal liberty, which includes protection against unlawful detention and ensures due process of law. The activities of law enforcement agencies like the ED and CBI must comply with Article 21. ### Judicial Interpretation The powers and functioning of the ED and CBI have also been shaped by various judicial pronouncements. Courts have interpreted and clarified the scope and limits of their powers, ensuring that their actions are consistent with constitutional principles such as fairness, accountability, and the protection of fundamental rights. In summary, while the ED and CBI derive their specific powers from statutory provisions, these provisions operate within the constitutional framework of India, particularly in relation to the distribution of powers and the protection of fundamental rights.

Rumoured employer’s NI hike could spark contracting surge A potential increase in employers' National Insurance contributions could lead to a surge in companies hiring contractors. This shift would allow businesses to avoid the additional costs associated with full-time employees, such as ongoing salaries, pensions, and employer NI. Contractors, often perceived as costlier due to higher day rates, may offer long-term savings and flexibility by working on a project basis without the financial commitments tied to permanent staff. However, contractors working through umbrella companies may see their rates impacted as employers pass on these costs.

Employing People in your small business Employers NI is payable by the business, but this cost can be claimed as the Gross Pay cost You can pay your employees some Tax Free Benefits in Kind, so the employee can be paid less or easier to retain them. Entertaining is not generally allowable as an expense but certain entertainment cost of staff is tax deductible. Autoenrollment is a system to pay Pensions for Employees. This is a Tax Deductible cost

Good news for savers—your 401(k) just got a little more generous! With the limit increasing to $23,500 in 2025, it's time to give your retirement plans a boost. Need help sifting through the tax jungle? Our experts have the skills to navigate the twists and turns ahead!