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Employer Education

“How You Define Compensation Matters”

Did you know? The greatest number of errors commonly discovered during a retirement plan audit relate to the use of an improper definition of plan compensation.

Although “compensation” seems easy enough to define, when dealing with a retirement plan there can be many different types of compensation that need to be addressed. Gain an in-depth understanding of the numerous definitions of compensation and how the definition you use can affect the on-going operation of your retirement plan.

View “How You Define Compensation Matters” to uncover:
● Multiple definitions of compensation
● Consequences of using the wrong definition
● How to avoid problems