Studies Support Pairing Auto-Escalation With Auto-Enrollment

Studies Support Pairing Auto-Escalation With Auto-Enrollment

Auto-enrolling 401(k) plan participants without also incorporating an auto-escalation feature might be a counterproductive exercise. J.P. Morgan Asset Management survey data suggests that average 401(k) plan deferral rates have been trending downward even though more...
Texas Offers Limited Time Tax Amnesty

Texas Offers Limited Time Tax Amnesty

The Texas Comptroller’s Office just announced a 60-day tax amnesty program that will eliminate all penalties and all interest for eligible filings. The amnesty program will run from May 1st to June 29th and it will cover most types of Texas state-level taxes....
Impact Of Tax Reform On Financial Covenants

Impact Of Tax Reform On Financial Covenants

As many of you are aware, on December 22, 2017 the President signed into law the Tax Cuts and Jobs Act (TCJA). The TCJA reformed the United States tax code and has many wide-ranging effects on U.S. businesses moving forward. One of the most significant changes is the...