Question #3

How will the plan be funded?

By the employer

By employee salary deferrals

Both


Why is this relevant?

It’s important to know and understand where the source of deferral is coming from so that the plan can be designed accordingly. Additionally, the funding source may have implications on payroll income taxes, W-2 adjustments, etc.

 

Start over     Back

For more information, contact Nationwide Business Solutions Group at: 1-877-351-8808.

Send us a note and we’ll get back to you ASAP.