Tom Poje Posted January 16, 2009 Posted January 16, 2009 Automatic Enrollment DOL, IRS Issue Guide for Small Employer Automatic Enrollment The Department of Labor and Internal Revenue Service announced Jan. 15 a new publication to help small employers understand automatic enrollment for tax code Section 401(k) plans. The publication describes an automatic enrollment Section 401(k) plan, how to set up the plan, management of the plan, fiduciary responsibilities, and a checklist to ensure compliance with the law, the department said. The publication is part of the agency's ongoing campaign to educate employers, particularly small businesses, and help workers and their families save for a financially secure retirement, the department said. The new publication is available at http://www.dol.gov/ebsa/pdf/automaticenrollment401kplans.pdf.
J Simmons Posted January 17, 2009 Posted January 17, 2009 Thanks, Tom, for the link. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
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