Tag: Retirement plan

On August 31, 2018, President Trump signed an executive order directing the Departments of Labor and Treasury to make it easier for employers to offer retirement and savings programs. The majority of workers are employed at small businesses where they are less likely to have access to 401(k) plans and other retirement plans than workers…

Question: Under the Family and Medical Leave Act (FMLA), do employers continue to make matching 401(k) contributions during an unpaid leave? Answer: While not required under the Family and Medical Leave Act (FMLA), retirement accounts, such as 401(k) matching contributions, are maintained in accordance to your Summary Plan Description and typically do require continued matching…