While it is true that the DOL's new regulations expand the availability of multiple employer plans, what the new rules actually do is to change ERISA's definition of the term "Employer" so that more types of organizations fit within it, thus allowing them to sponsor MEPs. We know that th...
Rules unique to multiple-employer plans; Alternatives to a multiple-employer plan; Other kinds of plans that need to be distinguished from multiple-employer plans.PaladinoAccudraftRalphAccudraftWhitmireAccudraftDonald C.Accudraft401K Advisor
Dominic DeMattiescommentson a proposal by the U.S. Department of Labor that would allow more employers to share a single 401(k)-type plan.
Internal Revenue Code Section 413(c): "Plans maintained by more than one employer" 413(c) Plans maintained by more than one employer. In the case of a plan maintained by more than one employer - (1) Participation Section 410(a) shall be applied as if all employees of each of the ...
To truly understand how coinsurance is applied in health insurance plans, let’s take a look at an example. Let’s say you’ve already hit your deductible, and your coinsurance is 20%. If you availed of a healthcare service covered by your insurance and got billed $800, the amount you...
According toIRS guidelinesgoverning SEP retirement plans, you can set up an SEP for self-employment income you earn even if you participate in another employer-sponsored retirement plan. As a business owner who is eligible to participate in the SEP, you must open your own individual SEP IRA ac...
| DOL Puts Forward Multiple-Employer 401(k)s Dominic DeMattiescommentson a proposal by the U.S. Department of Labor that would allow more employers to share a single 401(k)-type plan.