In the wake of the Enron situation, Congress passed a law containing blackout period requirements that apply to all defined contribution retirement plans. Blackout periods (times when participants lose control over their accounts) can occur for a number of reasons, but the most common are if the ...
[Read more] about Before You Throw That Switch – Blackout Period Notice Requirements
Cafeteria Plans: Are You Serving “Taxic” Waste To Your Employees?
Employers may be very surprised to discover that they have a cafeteria plan and do not even know it, or that they have a cafeteria plan that improperly offers certain benefits to their employees. As a result, they are serving their employees "taxic" waste, i.e., tax heartburn, rather than the ...
[Read more] about Cafeteria Plans: Are You Serving “Taxic” Waste To Your Employees?
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