The newly enacted corporate governance reform law includes provisions requiring notices of 401k blackout periods, bars directors and executives from trading employer stock during blackouts, increases criminal penalties for ERISA violations, and prohibits personal loans to directors and executives. The article says that administrator is required to provide a notice...
The article says that if you've decided that your money purchase plan no longer meets your corporate goals, you have the option of terminating it or merging it into an existing profit sharing or 401k plan. There are two primary advantages to termination. One is the fact that you reduce...
The article says that one of the few pension reforms in the just enacted tax cut bill that will directly benefit many employees is the requirement that employer matching contributions to 401k plan vest more quickly. The new increases in the limits on 401k contributions are not likely to effect...
Byline: Ceri Jones While the long-term trend still favours outsourcing, A-day created a lull in activity, with many thirdparty administrators reporting strong activity in the first three quarters of last year, which trailed off in the last quarter as more...
Compensation and Benefits Give your employees access to personal counseling with the MenningerAssist employee assistance program EAP from MenningerCare Systems of Plano, Texas. This new EAP is specifically targeted to companies with fewer than 100 employees and provides 24-hour counseling concerning personal, financial or relationship...
Articles 2000-02-01
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