Mary Jo Larson’s article, titled “Employing Retirees? Take Steps To Avoid Problems with Your Plan,” was recently published in the October issue of the Pension Plan Fix-It Handbook. It addresses the trend of employers hiring their own retirees as independent contractors, temporary staff or part-time employees to fill the gaps inside their workforce. She explains how this practice can threaten the tax qualification of employers’ 401(k) plans and traditional pension plans. Mary Jo offers five recommendations for employers when hiring retirees.
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