401k Safe Harbor Provision Changes

401k Safe Harbor Provision Changes

The IRS has amended it’s rules on Safe Harbor contributions to allow employers to terminate the match during these hard times. On May 18 the Internal Revenue Service (IRS) published proposed regulations that could provide relief to employers whose plans provide...
401k Plan Changes

401k Plan Changes

Tax Treatment of Refunds Changing for 2008 Beginning with the 2008 plan year, ADP and ACP refunds attributable to the 2008 plan year are taxable in the year of distribution. Therefore, for the 2008 plan year, refunds distributed between January 1, 2009 and March 15,...
Transamerica 401(k)

Transamerica 401(k)

StaffScapes, Inc 401(k) Profit Sharing Plan is undergoing fund changes in 2008. The investment choices shown below will be undergoing changes effective February 15, 2008: The investment manger will change. The name of the investment choice will change to reflect new...

Changing Jobs and what to do with my old employers 401k plan

One of the many choices you may have to make when changing jobs or retiring is deciding what to do with your hard-earned money that’s invested in your previous employer’s 401(k) plan. There are many options available to you when you leave your employee. Maintain your...
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