Ending Soon! Save 33% on All Access

Pension Plan Problems 4 issues to watch for

A number of qualified retirement plans contain some violationsthat will cause them to fail IRS plan qualification tests. Here aresome of the most common ones:

  • Failure to keep the plan up to date to reflect changes in thelaw
  • Neglecting to get a spouse's notarized consent for anemployee's plan distribution
  • Incorrectly following plan eligibility rules
  • Making improper loans from the plan and not fully documentingloans

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Business News

These Are the Highest Paying Jobs in Every U.S. State, According to a New Report

Certain states pay higher salaries for the same job.

By Sherin Shibu
By Emily Rella
By Emily Rella
Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

By Entrepreneur Staff
Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

By Sherin Shibu
Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

By Alex Goryachev