SIMPLE IRA 与 401(k) 的异同401(k)是什么?401(k) Plan简单来说就是美国公司为员工提供的退休福利计划,可以理解为类似于中国的社保,但是和中国的社保有很大的区别。从1980起,这种新兴的完全基金式的养老储蓄制度迅速发展,大部分美国公司开始采取这种社会保障计划。时至今日,401(k) Plan已经有超过5.8 万亿美金的...
Plan Document File Participant File Annual File Staying Out of Trouble is Easy! Share: Fiduciary Responsibility Did you know that employers are required to retain detailed 401(k) documents, including testing results, transactions, and employee activity, for at least six years under the Emp...
The Small Business Job Protection Act of 1996 (SBJPA) has simplified many of the rules governing 401(k). Compliance has become easier because the requirements for satisfying nondiscriminatory tests, namely, the 'Actual Deferral Percentage' and the 'Actual Contribution Percentage' tests, have been...
SIMPLE IRA Rules and Requirements for Employers Once the employer has established the SIMPLE IRA plan, they are responsible for distributing an annual notice to eligible employees. Before the employees' 60-day election period (which generally begins on November 2nd before each calendar year), the ...
The most common types of these plans are based on the 401(k) plan, named for the section of the tax code governing it, and includes the 403(b) and 457(b) plans, which conform to similar tax rules, but the primary difference is the type of employer, such as a business, government,...
The Small Business Job Protection Act of 1996 (SBJPA) has simplified many of the rules governing 401(k). Compliance has become easier because the requirements for satisfying nondiscriminatory tests, namely, the 'Actual Deferral Percentage' and the 'Actual Contribution Percentage' tests, have been ...
401GO uses technology to make 401(k) more accessible to individuals and businesses of all sizes. We have a plan that’s perfect for you.
What’s the Best 401(k) for Your Business? 6 MINUTE READ When small business owners decide to set up a retirement plan, they’re often surprised by how many types there are, and can have trouble finding the right fit for their business. Discover the differences between traditional 401(k)...
Financial Recordkeeping for Small Businesses Article • 6Min Read Annual 401(k) Plan Reviews: Have You Done Yours? Webinar • 30 mins. Get Your HR Action Plan Guide • 1Min Read Employer Shared Responsibility (ESR) Reporting Checklist ...
Companies that offer their employees a SIMPLE 401(k) plan must file Form 5500 every year.1 SIMPLE 401(k) Rules and Regulations Employees who are at least 21 years old and completed at least one year of service must be allowed to participate in their employers' SIMPLE 401(k) plans. They...