I am one of the fiduciaries of our 401(k) plan. Every 401(k) plan must have at least one-named fiduciary. These individuals are responsible for ensuring that the plan is run the right way.
No fixed answer can be given to this question.
A simplified employee pension (SEP) is an individual retirement account or annuity that is allowed to receive an increased rate of contributions from the IRA ho
Employers that sponsor qualified retirement plans can provide qualified retirement planning services to employees and their spouses as a tax-free benefit.
There are several types of information and materials that can be provided to 401(k) plan participants without giving investment advice under ERISA.
Many pension experts feel that an actuarially funded pension plan (i.e., a defined benefit plan) should be the basic or primary plan.
Failure or refusal to make required payments will render the employer, agent, or officer liable to an action for recovery of the payments (N.J.S.A. Sec.