Entries Tagged ‘contributions’:

401k Contribution Deadline for Small Business Owners

When the Department of Labor (DOL) has jurisdictional authority over a 401(k) plan, salary deferrals should be separated from the employer’s assets and deposited in trust as soon as administratively feasible.  For plans with fewer than 100 participants, the DOL has proposed a safe harbor deposit deadline of seven days from the date of deferral.  [...]

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Section 529 Plans

Since my nieces have a household of toys and their mother dresses them differently than I would, I generally write checks for Christmas and birthday gifts.  This year, I am going to begin funding 529 plans for the girls.  A Section 529 plan allows an individual to put money into an account for a named [...]

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