However, once the Fifth Circuit issues its ruling, the QPA calculation methodology could drastically change and the plans and issuers should be ready for that eventuality." MORE >>
ERISA's anti-alienation protection will not protect benefits once they have been distributed outside of the retirement plan. In contrast to retirement plans, IRAs are maintained by individuals and are not governed or protected by ERISA. SEPs, or Simplified Employee Pensions, are similar to IRAs except they are set up by small employers.
Once the FSA is empty, restart the HSA contributions and I can then contribute up to the annual amount. I'm also seeing conflicting posts that say FSA coverage applies to the whole year regardless of whether it's spent down so disqualifies HSA contributions for the whole year.
A top-paid group election, once made, applies for all subsequent determination years unless changed by the employer. (2) Calendar year data election. (a) This notice provides a new calendar year data election which an employer may make for a determination year.
A probationary period is applied only once, and is used at the beginning of a policy. It is usually what people really mean when they say the term waiting period. The waiting period actually can apply more than once, as is typically seen with disablility income coverage. To answer your question, most of our clients do not have a probationary ...
Once the employee drops below 130 hours of service in a given calendar month, they lose full-time status. So the employer could drop the employee from coverage upon the first month the employee works part-time hours.