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Tips and Traps of 'Compensation' Definition in Retirement Plan Documents
Belfint Lyons Shuman Link to more items from this source
Oct. 29, 2019

"Each plan sponsor must consider their business goals in conjunction with the administrative capabilities of their payroll software and their personnel when selecting what types of compensation to include or exclude. Most employers are able to make the selection on their adoption agreements, which generally offer the following options, with an 'Other' option in case they need to customize the definition to exclude specific items not mentioned on the standard list."

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