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401(k) Plans For The Healthcare Industry: What you …

WebOffering a 401 (k) plan to healthcare personnel is a great way to recruit and retain them. And doing so is possible without hurting one’s pockets – Saveday can show you how. Tax benefits. Providing a 401 (k) plan makes financial sense when considering the tax benefits. Companies can obtain these benefits when they contribute to employee

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URL: https://www.saveday.com/401k-plans-for-the-healthcare-industry/

ERISA Fidelity Bonds: What You Need To Know

WebPlans that are exempt from ERISA’s rules and regulations are not required to obtain an ERISA fidelity bond. Examples of exempt plans include Solo 401 (k)s and plans sponsored by churches and government entities. Unless exempt, ERISA requires that every person that “handles funds or other property” of any employee benefit plan be covered

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Form 5500: Different Types and Eligibility Criteria

WebTypes of Form 5500 and Eligibility Criteria: Long-Form (Form 5500): The Long-Form version of Form 5500 is a comprehensive report designed for larger plans or those with complex features. It asks for detailed information about your plan’s operations, including financial statements and attachments. By providing a complete picture of your

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