When an employee is rehired by a company, the granting or vesting of benefits under certain retirement plans may be delayed until the employee has been re-employed for a period of at least one year. The applicability of this "Holdout Rule" is...
By Joseph S. Adams , Paul J. Compernolle , Maureen O'Brien , Elizabeth A. Savard , Jeffrey M. Holdvogt , Patrick D. Ryan
Employers sponsoring 401(k) or 403(b) plans should give immediate
consideration to recently enacted legislation that allows...