In October, the IRS announced the cost-of-living adjustments to dollar limitations for 2013 retirement plans. Xenium partner, Principal, provided us with a year over year comparison of the limits taking effect January 1, 2013.
| Limit | 2012 | 2013 |
Category Archives: 401(k)
“What do plan sponsors need to know in 2012?”
Presented by: Chris Cubbage, Principal & Joe Burt, Pension Plan Specialists
Date: Wednesday, April 25, 2012
Time: 8:30 a.m. – 10:00 a.m.
Location: Xenium HR – 7401 SW Washo Court, Suite 200 Tualatin, OR 97062
Cost: $0
How to Register: Go to www.xeniumhr.com/events
The IRS has announced the cost-of-living adjustments to dollar limitations for retirement plans for 2012. Here is a look at the changes from 2011 to 2012:
| Limit | 2011 | 2012 |
| Compensation Limit | $245,000 | $250,000 |
From Jeffrey Robertson, Barran Liebman:
With the equity markets in steep decline since last week and experiencing a 5.5 percent drop at the market close today, companies and their employees may share some anxiety about the company’s 401(k) plan and the responsibilities governing such plan. This alert discusses some issues facing companies and their workforces and the ways in which companies should respond to these issues.
Our Partner, Principal Financial Group is offering online seminars and educational videos on their website (titles listed below).
You do not have to log in to view, simply click on the link to get started:
On May 30, Xenium hosted our first ever vitality fair for the employees of Express Employment Professionals. More than 50 people attended the event where they learned more about the benefits they receive through Xenium. One attendee told us ”Getting all this information in one place made it much easier to grasp.”
Carol Moore at Bankrate.com shares nine ways people can effectively ruin their retirement. That’s right – ruin; this is a study in what NOT to do. Keep these tips in mind, especially if you’re getting ready to sign up for your 401(k).
9 Dumb Retirement Moves
If you crave the rush that comes from having to cash in empty beer bottles to pay your mortgage, here are a few strategies guaranteed to turn your retirement into one memorable financial catastrophe after another.