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Foreign corporation as sponsor of 401(k) plan?


Guest Alley

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Guest Alley
Posted

Can a foreign corporation sponsor a 401(k) plan in the United States without doing it through a U.S. subsidiary? Has anyone addressed this situation?

Posted

Without doing any research, my answer is probably, but it probably wouldn't make any sense to.

The company needs to get a competent advisor and explain what its problem is.

Posted

I suppose that they should first find out if a foreign corporation can have a US payroll and US employees in the first place.

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

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