Featured Jobs
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
Compensation Strategies Group, Ltd.
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
BPAS
|
|
DWC ERISA Consultants LLC
|
|
BPAS
|
|
EPIC RPS
|
|
July Business Services
|
|
The Pension Source
|
|
Nova 401(k) Associates
|
|
Merkley Retirement Consultants
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
Participant Loan Repayments Become Plan Assets As Soon As They Can Be Segregated from General Assets
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
May 30, 2002
Advisory Opinion 2002-02A (May 17, 2002). Excerpt: [I]t is the Department's opinion that participant loan repayments, made to the employer for purposes of transmittal to the plan or withheld from employee wages by the employer for transmittal to the plan, become plan assets as of the earliest date on which such repayments can reasonably be segregated from the employer's general assets.
|
| 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). |