The latest idea for attracting and retaining employees in this post-COVID-19–pandemic era of the Great Resignation and “quiet quitting” is one that was usually limited to professors in higher education: the sabbatical. ...more
12/6/2022
/ 401k ,
COBRA ,
Disability Insurance ,
Distribution Rules ,
Employee Benefits ,
Employee Incentive Plans ,
Employee Retention ,
Employer Group Health Plans ,
Internal Revenue Code (IRC) ,
Life Insurance ,
Sabbaticals ,
Wellness Programs
At the end of 2019, President Donald Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which included a number of changes to employer-sponsored retirement plans. One change involved...more
As cash flow and decreased revenue concerns rise, many employers are looking for ways to cut costs. This article generally identifies the circumstances that allow a safe harbor 401(k) plan sponsor to suspend safe harbor...more