If you have employees age 50 or older who earn $145,000 or more in FICA wages, a significant retirement plan change is coming your way.
Category: Investing
What Investors Need to Know About the New Section 1202 Changes: More Flexibility, Bigger Tax Savings
The One Big Beautiful Bill Act, passed on July 4, 2025, introduces impactful changes to Section 1202 Qualified Small Business Stock (QSBS) gain exclusions—opening the door to more flexible investment strategies, larger tax savings, and expanded eligibility for startups and mid-range corporations.
If you’re a business owner, investor, or entrepreneur, these changes present new planning opportunities you won’t want to miss. Here’s a breakdown of what’s new, who benefits, and how you can leverage these updates with guidance from Froehling Anderson.
Retirement Plans and Meeting the Challenge of Regulatory Compliance
Retirement plan sponsors face greater challenges today than ever before. Regulatory scrutiny is on the rise with the Department of Labor (DOL) actively reviewing Form 5500 filings searching for evidence of noncompliance, inaccurate reporting and excessive fees.
Oops, you overfunded your 529 plan
Some might consider it a good problem to have: saving too much money for college. But if the money is held in a Section 529 college savings plan, there could be tax consequences to overfunding the account.
