Jump to content

Recommended Posts

Posted

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.

Posted

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.

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