Posts from December 2018.
Employers that sponsor a 403(b) plan generally must allow all employees to participate in the plan due to the universal availability rule. There are limited exceptions for certain categories of employees that may be excluded, one of which is the exclusion of “part-time employees” who normally work less than 20 hours per week. Under the ...
Or at least it is going to cost Dave & Buster’s about $7.425 million plus legal fees. When the ACA employer mandate first came out, there were many large companies in the news stating that they were going to cut employees’ hours to under 30 hours per week in order to avoid having to provide health plan coverage to those individuals. As an ERISA ...