Defined Contribution Plans
Updated to reflect electronic disclosure final rule, effective July 27, 2020.
An appropriations bill signed as 2019 closed repealed the ACA's "Cadillac tax" on certain high-cost, employer-based healthcare plans and enacted the SECURE Act, which eases compliance burdens for certain employer-sponsored retirement plans.
Updated to reflect IRS guidance issued on the expanded determination letter program.
The DOL has issued a final exemption to make it easier for employers to transfer 401(k) plan funds left behind by former workers to their new employers' plans.
Employment glossary definition of Age-Weighted Profit Sharing Plan.
Employment glossary definition of Defined Contribution Plan.
Employment glossary definition of Floor Offset Plan.
Employment glossary definition of PBO (Pension Benefit Obligation).
XpertHR is part of the LexisNexis® Risk Solutions Group portfolio of brands.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.
Copyright © 2020 LexisNexis Risk Solutions Group
© 2020 LexisNexis Risk Solutions Group.