March 2010 ::: FAQ of the Moment

What is the 401(k)/403(b) deferral limit?  What is the Social Security Taxable Wage Base?

March 2010 ::: FAQ of the Moment

Do Highly Compensated Employees (HCEs) have to wait for non-discrimination testing to file their individual tax returns?

March 2010 ::: FAQ of the Moment

What is Automatic Enrollment?

March 2010 ::: FAQ of the Moment

Are Roth 401(k) contributions allowed?

March 2010 ::: FAQ of the Moment

How does PPA 2006 affect my 401(k) Plan?

March 2010 ::: FAQ of the Moment

What is a Safe Harbor Plan?

March 2010 ::: News

The Department of Labor and the Internal Revenue Service mandates that all eligible employees be notified of their right to participate in your company's retirement plan. They must be given written information about the plan and must complete and sign an enrollment form indicating whether or not they will be participating in the plan.

Remember, Employer Contributions must be made by the due date of your corporate tax returns on extension to be tax deductible.

March 2010 ::: News

The Department of Labor (DOL) is taking a very firm position that employee 401(k) salary deferrals and employee loan repayments must be transferred from the Employer to the Plan’s Investment Trust as soon as administratively feasible. The DOL has said that their definition of "as soon as administratively feasible" is the same day that the Employer makes payment of an employee’s payroll.