The Employee Benefits Security Administration (EBSA) has released interim final and proposed regulations to comply with the Pension Protection Act of 2006 (P.L. 109-280; PPA) annuity provider selection provisions.
Any person or corporation who fires, refuses to hire, or takes disciplinary action against an employee because of a child support withholding order or who fails
Your Right to Waive the 30-Day Notice Period.
Liens.— The law provides a statutory lien, on a parity with state, county, and municipal ad valorem tax liens and superior to the lien of any mortgage or other
A pension or annuity plan that promises a specified retirement benefit (for example, 1 percent of compensation for each year of service or 30 percent of average
No fixed answer can be given to this question.
Other plans used to save for retirement are:
Unless exempted, an administrator of a welfare benefit plan must file an annual report on Form 5500.
There are certain requirements of 401(k) plans to be aware of when considering offering a 401(k) plan to your employees.
In the event of an employer's bankruptcy or liquidation under Alabama law by reason of insolvency or inability to pay debts, contributions due will have the sam
An employer or person that fails or refuses to deliver funds in accordance with an order or intentionally fails or refuses to honor an assignment of wages or an
Employers with questions about a garnishment order should contact the issuer of the order.
A penalty is provided in the law for the collection of employee contributions, which an employer is required to withhold from the wages of its employees and hol
Bankruptcy.— In the event of a distribution of an employer's assets pursuant to a court order, including a receivership, assignment for benefit of creditors, ad