401(k) Essentials for the Payroll Professional

Download or read book 401(k) Essentials for the Payroll Professional written by Barbara Klein and published by . This book was released on 2016-04-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the IRS, 2 out of 3 compliance errors in 401(k) plans are committed within the payroll process. The reason is simple. The payroll department is often overlooked in receiving the training and tools necessary for managing this complex area.Payroll Essentials For The 401(k) Plan is a comprehensive guide with practical tools and training to manage and prevent complex 401(k) administration mistakes that can lead to IRS audits. This book is a one-volume desk reference written in plain English. It contains easy to understand and ready to deploy practical guidance regarding the internal payroll administration of a company?s 401(k) plan.While written for the perspective of the payroll department, it is a valuable resource for anyone tasked with administering their company?s 401(k) plan, including HR professionals, business owners, trustees and 401(k) fiduciaries.