Short-Term Savings Account – The Burns Firm – Advisors of Complex Financial Matters

Should Your Business Offer the New Emergency Savings Accounts to Employees?

January 25th, 2024|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Pension-Linked Emergency Savings Account, PLESA, SECURE 2.0 Law, SECURE Act, Services, Short-Term Savings Account, Tax, tax accountant near me, Tax Advisor, Tax Credits, Tax Law, Tax Planning, Tax Return, The Burns Firm|Tags: cpa near me, Dallas CPA, Pension-Linked Emergency Savings Account, PLESA, SECURE 2.0, SECURE 2.0 Law, short-term savings account, tax, tax advisor, Tax Expert, The Burns Firm|

As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked emergency savings account (PLESA) and the provision authorizing it [...]