Should 401(k) contributions be deducted from a departing employee’s accrued PTO and vacation payout?
Background We offer a lucrative 401(k) plan to our employees. Recently one of our employees, who was actively deferring into…
Background We offer a lucrative 401(k) plan to our employees. Recently one of our employees, who was actively deferring into…
Background We are a large 401(k) plan sponsor with over 1,000 participants in our plan. With the size of our…
Background We are a 501(c)(3) nonprofit organization and sponsor a 403(b) plan. One of our employees just took a hardship…
KEY POINTS · Certain plan expenses can be paid from forfeitures · Critical to review the plan document to…
Whether you are a plan sponsor, financial advisor, CPA, or ERISA attorney, you know that section 401(k) and 403(b) plans…