If your employee thinks they can cash their distribution check later, to alter tax withholding or reporting, they are mistaken.
As with any new venture, employers shouldn’t dive blindly into the 401(k) MEP pool. But in some cases the reward may outweigh the risk.
Sponsored by Gallagher
- Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
- Exclusive discounts on BenefitsPRO.com and ALM events.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.