Retirement Plan Relationship Manager â DB or DC Focus Trinity Pension Consultants
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CMC Pension Professionals
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Jocelyn Pension Consulting
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Director of Pension Administration Primark Benefits
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Hicks Pension Services
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Loren D. Stark Company
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Hessel & Associates, LLC
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Manager - Defined Contribution Plans M2B Retirement Consulting LLC
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EPIC RPS
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Retirement, LLC
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401(k) Retirement Plan Administrator Midwest TPA with Remote Workforce
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Senior Defined Contribution Account Manager Nova 401(k) Associates
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MGKS
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Primark Benefits
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Aimpoint Pension
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United Benefit Pensions Inc.
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Site Manager / Senior Administrator Nicholas Pension Consultants
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Loren D. Stark Company
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Question 89: I run a company, and I've had all the workers sign independent contractor agreements in which we agree (i) they're not my employees, (ii) I won't do withholding, and (iii) I won't provide them with any benefits. Now I want to set up a retirement plan for me, and my administrator says I may have to include them anyway. Why should I? Isn't that the whole purpose of having an independent contractor agreement? |
Answer: Abraham Lincoln once asked how many legs a dog would have if you called the tail a leg. He answered, "Four. Calling a tail a leg doesn't make it one." By the same token, calling an employee an independent contractor doesn't make him one. |
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.
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