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.
In July 2019 the Department of Labor published new regulations expanding the availability of multiple employer plans. Here's what that means for you.
So…..What's new? Multiple Employer Plan Issues Raised Massachusetts Creating Country's Largest Open Multiple Employer Plan 401(k) Outsourcing: The Next Big Thing Multiple Employer Plans - An Enticing Alternative For Plan Sponsors Open Multiple Employer Plans: Tax and ERISA Considerations A White ...
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...
SEP IRA Retirement Plan Basics 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...
| 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.
The article presents questions and answers related to multiple employer plans (MEP) including whether there is any way for an adopting employer to avoid becoming a MEP cofiduciary, the position of U.S. Department of Labor on MEPs' status and commonality requirement that impact MEPs....
The article reports that all multiple employer plans are required to attach the Form 5500 with various information such as the name of participating employers, employer identification number (EIN), and total employer and employee contributions.MandellPresidentJefferyPresidentEBSCO_bsp401k Advisor...
Focuses on the primer on multiple-employer plans from the U.S. Internal Revenue Service. Guidance for the defined benefit and defined contribution plans; Assessment of the filing requirements; Accomplishment of the objectives of multiple-employer plans.Paladino...