Articles for: Defined Contribution
Can we allow rollover contributions by new employees?
Yes. A plan can allow for rollover contributions to be made. This can be limited to just those employees who are participants or the plan can allow any employee who [...]
Key words: 401k,Defined Contribution,rollover
What is a cash balance plan?
A cash balance plan is a type of a defined benefit pension plan. It is commonly referred to as a hybrid plan since it is a defined benefit plan but [...]
Key words: 401k,Cash Balance Plan,Defined Contribution
A participant wants to pay off one 401(k) loan and take another. What is the process?
In order to pay off a loan, it must first be determined what the payoff amount would be. The amount of the payoff equals the principal amount outstanding plus any [...]
Key words: 401k,Defined Contribution,loans,payoffs
Annual Participant Fee Disclosure Deadline on the Horizon
The August 30, 2012 deadline for the annual disclosures under the final regulations for participant fee disclosure is rapidly approaching. The Regulations will only apply if a plan is a [...]
Key words: Defined Contribution,direct investments,fee disclosure
Deadline Quickly Approaching for Fee Disclosure
The July 1, 2012 deadline for disclosures under the final regulations for 408(b)(2) is rapidly approaching. Generally, the Regulations will only apply if a plan is a defined contribution plan in [...]
Key words: 401k,408(b)(2),Defined Contribution,fee disclosure,participant disclosure,participant fee disclosure