Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Pattison Pension
(Albuquerque NM / Hybrid)

Pattison Pension logo

Defined Benefit Plan Consultant/Actuarial Analyst

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Retirement Plan Consultant

MAP Retirement
(Remote)

MAP Retirement logo

Plan Administrator, Defined Benefit & Cash Balance

The Pension Source
(Remote / Stuart FL / NY / TX / Hybrid)

The Pension Source logo

Regional Vice President, Sales

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Plan Consultant

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Strategic Retirement Plan Consultant

Retirement Plan Consultants
(Urbandale IA / Des Moines IA)

Retirement Plan Consultants logo

Retirement Relationship Manager

MAP Retirement
(Remote)

MAP Retirement logo

Plan Consultant - DB/CB

MAP Retirement
(Remote)

MAP Retirement logo

Temporary Document Specialist

BPAS
(Utica NY)

BPAS logo

Data Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Matching Puerto Rico 401(k) Participants’ School Debt Repayments (PDF)
Carlos Gonzalez Law Office LLC in Bloomberg Tax Management Memorandum Link to more items from this source
[Guidance Overview]
Sept. 25, 2024

"U.S. companies that provide matching contributions on qualified student loan payments for employees in retirement plans that are qualified in the United States and Puerto Rico must do so under the same terms and conditions for participants in both jurisdictions. P.R.-only qualified plans may safely provide such QSLP matching contributions by following the relevant rules of I.R.C. Section 401(m)(4)(D) and (m)(13) ... In either case, the dual- or P.R.-only qualified plan must be amended accordingly, and the corresponding amendment must be filed with the Puerto Rico Department of the Treasury (Hacienda)[.]"  MORE >>

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).