Starting Fall 2025, New York employers with 10 or more employees will receive a unique access code to register for the Secure Choice Savings Program — a new state-mandated retirement savings plan for private-sector workers without access to a workplace retirement plan.
Does This Apply to You?
Given that our government is concerned about American workers leaving the workforce and retiring without enough savings, they have focused their attention on creating legislation to help fix what some call a retirement crisis.
Retirement. To those active in the workforce, retirement could be the highly anticipated next chapter of life, or a distant goal. For those living in retirement, it is hopefully a well-deserved dream come true. Wherever you are in your journey to retirement, it is important to have an understanding of the tax laws surrounding it. In today's constantly fluctuating world, with changing tax laws and record numbers of retirements, knowing the tax law surrounding retirement has never been more important.
