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re: Dammit - I got an unexpected $3000 check in the mail
Posted on 4/6/14 at 12:54 pm to tigers win2
Posted on 4/6/14 at 12:54 pm to tigers win2
quote:
The DepArtment of Labor started doing the testing when business owners would put a plan in and not really tell the front line/ low wage employees about it. The owners and higher ups knew about the plan and had ongoing communication about it, but the lower wage/ non- owners were kept out. The testing is done to make sure this practice ended by tying contribution limits of highly compensated and owners to that of the lower wage employees.
This answered my question (why this happens). 'Preciate the knowledge.
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