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The top three reasons why you should engage with your local affiliate: 1) exchange of ideas and experiences with colleagues in your area, 2) strengthen your expertise in seminars, training and events held near you, and 3) further develop your career through new professional connections.

This global focus builds on the $1 billion U.S. investment announced last year to provide associates with career-driven training and development over the next five years.”

Let’s look at the inputs (Figure 1).

The law goes into effect Jan. 1, 2024.

For WorldatWork Members Answers to FAQs on Qualified Student Loan Payment Matching , Workspan Daily Plus+ article;Checklist: Questions and Resources to Prep Employees for Retirement , Workspan Daily Plus+ article;How SLB’s New 401(k) Strategy Boosted Employees’ Retirement Readiness , Workspan Magazine article;Your Retirement Plan May Be Fostering Inequity: Here’s How to Fix It , Workspan Magazine article; For Everyone IRS Raises HSA Contribution Limit for 2025 , Workspan Daily article;The Critical Role of Retirement Income Projections in DC Plans , Workspan Daily article;Retirement Plans — Design Considerations & Administration , course; The Internal Revenue Service (IRS) announced on Friday, Nov. 1, that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.

Here’s how. 1.

Based on the survey results, the following five key areas highlight where companies are focusing their efforts to drive performance, profitability and innovation via incentive compensation plans. 1.

Food and Drug Administration, starting on Jan. 1, 2026.

But maybe they say, “These are the three main job levels in our company, and to get from a 1 to a 2, here’s what it takes; or from a 2 to a 3, here’s what it takes.”

Automatic enrollment becomes mandatory in 2025 for retirement plans established after late 2022, and new plans also must automatically escalate participants’ deferral rate by 1% a year, with maximums of 10% to 15%.