Featured Jobs
|
Retirement Plan Onboarding Specialist Compass
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
Frank Pension Consultants, Ltd.
|
|
MAP Retirement
|
|
PPS Pension Services
|
|
DWC - The 401(k) Experts
|
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Eliminating 2009 Safe Harbor Match After Notice is Distributed
The Pension Protection Act Blog 
[Guidance Overview] Dec. 12, 2008
Excerpt: So what happens if you (or your employer) distributed a safe harbor notice last October or November that stated there would be a safe harbor matching contribution in 2009, and now, with the worsening economy, the employer needs to rescind that promise of making a safe harbor matching contribution in 2009. Treas. Reg. 1.401(k)-3(g) and Treas. Reg. 1.401(m)-3(h) permits a safe harbor matching contribution to be changed or eliminated after the safe harbor notice has been distributed.
|
| 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). |