12-Question Checklist for Retirement Plan Compliance

If your company has a 401(k) plan, it's a good idea to review it annually to ensure you're still in compliance with IRS regulations.

This 12-point checklist can help you identify and correct any errors.

In this Practical Tool, you'll discover:

• How different definitions of compensation can affect plan participants
• Ways to ensure your plan satisfies nondiscrimination tests
• Potential taxes and penalties that may be imposed regarding elective deferrals