by Jeff Chang | Nov 21, 2022 | 401(a), Governmental Benefits, Plan Administration, Plan Qualification
In an earlier post, we explained what “pick-up” contributions are, and how they are used by many governmental employers to convert mandatory after-tax employee contributions into pre-tax contributions. IRS Revenue Ruling 2006-43 contains specific guidance on what the...
by Jeff Chang | Nov 7, 2019 | Income Tax
By Jeff Chang With overall required contribution rates increasing at an alarming rate, most CalPERS employers – particularly those with significant “classic” safety populations – are looking for help to pay for these obligations. We continue to see...
