alexa 0 Posted October 8, 2008 Report Share Posted October 8, 2008 Are VEBA's required to have fidelity bond coverage? I'm thinking not since not a qualified plan Link to comment Share on other sites More sharing options...
vebaguru 6 Posted October 10, 2008 Report Share Posted October 10, 2008 It's not the IRC but ERISA that mandates fidelity bonds. VEBAs are trusts (or associations) qualified under IRC § 501©(9). Yes, VEBAs are required to carry fidelity bonds. Link to comment Share on other sites More sharing options...
alexa 0 Posted October 10, 2008 Author Report Share Posted October 10, 2008 It's not the IRC but ERISA that mandates fidelity bonds. VEBAs are trusts (or associations) qualified under IRC § 501©(9). Yes, VEBAs are required to carry fidelity bonds. what is the amount required? thx Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now