Question: Will the fiduciary standard for brokers compel employers that
offer salary reduction retirement savings plans ie 401 (k), 457 (b), 403 (b) to make sure that no - load / de minimis cost investment funds are on the plan's investment menu?
Not exact matches
«I would simply
offer his current
salary with a pro rata
reduction for matches missed rather than lower his
salary.»
The government now
offers two kinds of benefits: a dependent - care tax credit — equal to 20 to 30 percent of expenses, depending on parents» income level — that limits expenses to $ 2,400 for one child or $ 4,800 for two or more children; and so - called «
salary reduction plans» that permit parents to have day - care costs withheld from their
salary and reimbursed by employers without being taxed.
If an employee participates in multiple cafeteria plans
offering health FSA's maintained by members of a controlled group or affiliated service group, the employee's total health FSA
salary reduction contributions under all of the cafeteria plans are limited to $ 2,500.