So Many Choices! Cafeteria Style Employee Benefits Stipend Is Okay
Having a choice is nice! Fries or a side salad? Fresh ground pepper on that? In a private letter ruling, the IRS just okayed offering choice to employees, to be communicated at open enrolment, for each employee to elect, irrevocably, to allocate an employer payment (a uniform percentage of pay up to $2,000) for the upcoming year to their 401(k) plan account (as an employer non-elective contribution, vested immediately...