October 2025 Newsletter

October 2025 Newsletter

Rules Finalized for Roth Catch-Up Contributions in 401(k) Plans The IRS and the Treasury Department have finalized regulations — and a start date — regarding Roth (after-tax) catch-up contributions in 401(k)s and other retirement plans implemented by the SECURE Act...
FinTech Accounts Advisory Notice

FinTech Accounts Advisory Notice

Fintech Accounts for Direct Deposit Advisory As your trusted payroll processing partner, we are committed to helping you deliver timely, secure, and reliable pay to your employees. With the rise of fintech-based accounts (e.g., digital-only banks, prepaid debit cards,...
September 2025 Newsletter

September 2025 Newsletter

Understanding the New Tax Break for Overtime Pay  By law, nonexempt employees — whether paid hourly or salaried — must be paid at least 1.5 times their regular rate of pay for all hours worked over 40 in a workweek. The One Big Beautiful Bill Act introduces a tax...
August 2025 Newsletter

August 2025 Newsletter

Unemployment Insurance Trust Fund Payoff Helping Businesses For the first time since 2022, businesses across New York will no longer receive an annual Interest Assessment Surcharge bill from the New York State Department of Labor (NYSDOL). That’s one bill that...