It's your decision whether to allow plan participants to borrow from the retirement plan. You don't have to allow loans if you don't want to. If you do, though, you should keep in mind that a loan ... |
Reporting and disclosure laws under ERISA require you to provide information about your retirement plan to the federal government and to each participant and ... |
A plan termination refers to the situation where an employee decides to discontinue a qualified retirement plan. |
As a small business owner, you have the freedom to offer almost any fringe benefit you like to your employees. Many owners find that offering some unusual, special benefits can help to improve ... |
This fringe benefit arises when you provide your employees (or their spouses or dependent children) with a service that you provide to your customers or clients in your regular line of business. For ... |
This fringe benefit arises when you give employees (or their spouses and dependent children) a price reduction on property or services that you ordinarily sell to your customers or clients. However, ... |
You don't have to include the value of property or services you provide to your employees as part of their taxable compensation, if they could deduct the cost of the property or services as a trade ... |
A minimal fringe benefit (often referred to as a "de minimis" fringe benefit) is any property or service that you provide to your employees that has such a small value that accounting for it ... |
Qualified transportation fringe benefits, which are not taxable to the employees but are deductible by you, are the following employee benefits: |
The more benefits you offer, the more complicated the administration of those benefits will become. Consequently, you may be faced with a dilemma: should you handle your own benefits administration ... |