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Showing content with the highest reputation on 11/07/2013 in all forums

  1. Belgarath

    Start a 401k plan

    Deadlines? Whaddaya mean? We all know all you have to do is push a button...
    3 points
  2. I've been following this with some bemusement - I mean, what was he thinking, and what screwball lawyer wrote this up? (or is this a hoax, but how is this any fun?!) I suppose the proverbial ERISA attorney route is the way to go, but I can see why you posted it here. I think it's worth noting that the original post says the money goes the company's defined benefit plan, which no longer exists. IMO, it's more than a stretch to say that it should go to the qualified replacement plan - the word "replacement" does not mean it is a continuation of the same plan. Original intent (misguided as it may have been) may have been to assure adequate funding of the DB plan; this is a whole 'nother result. There's a very strange mix of precision and vagueness in all of this...
    2 points
  3. Lou S.

    Automatic Enrollment

    I know of nothing prohibiting the elimination of automatic enrollment. Seems a simple plan amendment could address it though you might want to be clear whether if it applies only to new employess or removes the auto enrollment for folks who don't have any election.
    1 point
  4. Congratulations and good luck. I'm now at the stage where, to steal a phrase from Simon and Garfunkel, "Well I've paid all the dues I want to pay..."
    1 point
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