Archive for August 8th, 2008

How do you explain 401K benefits to employees so that it increases participation?

Friday, August 8th, 2008
401k
Tauhric B asked:

Explain 401K benefits in a way that reached the audience, is easy tof them to understand and emphasize the advantages of a 401K. How can you explain this benefit during employee orientation so that it results in high participation, less confusion and fewer phone calls for clarification.


Question posted courtesy of: Tara
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I deposited a check from a 401k that I was changing and they took out taxes. Will I get penalized?

Friday, August 8th, 2008
401k
Rick M asked:

I deposited a check from a 401k that I was changing and they took out taxes. Will I get penalized for receiving the check and then depositing it into another 401k account even though they already took out the taxes?


Question posted courtesy of: Lauren
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