You can usually roll over from one qualifying plan into another without penalty, if that's what you were trying to ask.
No, that is not what I'm asking. I found this link which makes claims contrary to popular belief and want to know if it is true.
This question is still not answered. Can you make an early withdrawl of the portion of a 401K that was rolled over from another 401K of a previous employer? Can you do this without penalty or taxes as the above article claims. Can you also with draw early your employer contributions since they are not "elected deferrals" as the above article claims. Please serious knowledgeable professional answers not wise guys remarks as in previous answers I had to remove.
Yes.
Employee and employer Medicare contributions are fixed on an annual basis.
Yes. CTC includes both Employee and Employer PF contributions
Yes, reporting otherwise unrecognized hazards to the employer is one of the basic responsibilities of an employee.
Yes, unless you have an employment contract stating otherwise.
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
The employee's criticism of the employer
If an employer asks an employee if that employer can count on him or her, the answer should be yes. An employee must be reliable in order to benefit the employer.
When referring to employment benefits, vesting is the amount of time to ownership to the employer's contribution to his or her accrued benefits. In the case of a pension, an employer makes contributions to an employee's retirement plans over the course of his or her employment. Generally, the employee must complete a certain amount of time before he or she has rights to the employer contributions in the pension plan. Plan benefits are said to "vest" at the end of that time period. Example: An employee receives $1,000 a year in employer contributions to his/her pension plan, with 50% vesting after 2 years of employment and 100% vesting after 3 years of employment. [To keep it simple, assume 0% returns in the pension plan.] If the employee quits at the beginning of his/her third year of employment, he or she is entitled to $1,000 * 2 years of employer contributions * 50% = $1,000 in the pension plan. If the employee quits at beginning of his/her fourth year of employment, at retirement, he or she is entitled to $1,000 * 3 years of employer contributions * 100% = $3,000 in the pension plan.
The contribution that is matched by an employer is not counted towards a 401k contribution limit. If someone contributes the maximum IRS allowed amount each year, still the employer's matching contribution would be in addition to that limit.
Yes and no, if an employer contributes to your Roth IRA directly the employer must report it as income to you. Since it is income they must also report it to uncle sam as taxable income and the employer will have to pay payroll taxes on the contribution. They can not pay into a Roth as the employer, so that answer is NO. Most employers will not want to deal with the potential IRS reporting nightmare this can have. That being said, the're companies that offer PDP, payroll deduction plans. These plans are employee funded through the employees paycheck. The funds can be used to fund any type of account, i.e Roth, IRA, 529 and so on. The Employer then sends one check monthly to the company of choice based on the amount each employee has withheld from thier individual pay checks, hence payroll deduction. If the employer is looking to offer this as a benefit to it's employee or key employee the employer would increase the employee's pay to match the amount the employer wishes to contribute to the employee. But ultimately it looks like the employee is making the contributions.
Unless local laws specify otherwise wherever you live, an employer does not have to give you any notice.