Jump to content

education fees to be paid from plan


Recommended Posts

Guest trying2understand
Posted

The plan wants to utilize a program that the TPA offers to do a financial analysis for each employee's retirement account. It is an employee education tool that basically tells them how much they should save and how much today's deferrals represent in tomorrow's dollars based on different assumptions and rates of return. I'm sure all of you have seen similar free calculators and reports at various websites.

The TPA charges a per participant fee for this, my question is since this will be passed out and reviewed at our employee education meeting, can we charge the fee to the participants? Or does this fall outside the scope of what is necessary and appropriate to administer the plan?

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use