With the decline in the value of everyone's investments, the defined benefit plan—the old-fashioned pension plan—may have its own financial crisis.
Significantly fewer people today are covered by a defined benefit plan than when I started in this business 28 years ago.
Many people have seen their 401(k) accounts go down precipitously in the past 12 months. My own account balance has lost about 38 percent of its value. Many people ask me, 'What should I do?'
I wouldn't have thought the testimony of a single person would cause this much hubbub. Someone testified to Congress that the tax deduction for the 401(k) plans ought to be eliminated.
Military reservists called to active duty can receive payments from their individual retirement accounts, 401(k) plans and 403(b) tax-sheltered annuities, witho
Steep health care cost increases, the steady elimination of retiree health benefits, and a greater need to save and invest more for retirement makes it even mor
How should you approach the recruiting process? While each organization is different, reflecting its unique needs, every organization shares certain factors tha
In its popular HR Quiz, CCH's Human Resources Management experts highlight critical areas that can lead to costly people management missteps.
Employers are not required to establish retirement plans, although most must participate in Social Security.
Bankruptcy.— In the event of a distribution of an employer's assets pursuant to a court order, including a receivership, assignment for benefit of creditors, ad
Code violations are punishable as follows:
Payment of wage below scale.— The following violations of California's wage payment law are misdemeanors: the unlawful receipt of wages and the secret payment o
Employers who finance benefits by the reimbursement method and whose payments are past due are subject to the same interest and penalties that apply to employer
Bankruptcy.— When the assets of an employer subject to the law are distributed by an order of court, contributions and the penalties then or thereafter due must