Retirement Plan Analyst - Defined Contribution Plans M2B Retirement Consulting LLC
|
Senior Retirement Plan Analyst - Defined Contribution Plans M2B Retirement Consulting LLC
|
Manager - Defined Contribution Plans M2B Retirement Consulting LLC
|
MAP Retirement USA, LLC
|
Compass
|
BPAS
|
Regional Vice President of Sales The Retirement Plan Company
|
Employee Benefits Account Manager U.S. Retirement & Benefits Partners
|
Senior Retirement Plan Administrator Envoy Financial
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
DOL Final Regs on Timing of 401(k) Contributions by Employers
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] [Official Guidance] Aug. 7, 1996 "The final regulation provides that participant contributions to employee pension benefit plans become plan assets on the earliest date that they can reasonably be segregated from the employer's general assets, but in no event later than the 15th business day of the month following the month in which the participant contributions are withheld or received by the employer. The final regulation establishes a procedure by which an employer that sponsors a pension plan may obtain an extension of this maximum period for an additional 10 business days with respect to participant contributions received or withheld in a single month." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |