Products May 3, 2003
Catch-Up Questions? New Pamphlet Is Providers' Answer
March 5, 2003 (PLANSPONSOR.com) - Plan providers
bombarded by questions about the new catch-up contribution
legislation have a new tool at their disposal.
Reported by Eric Hazard
SunGard Corbel is distributing a new resource entitled “Catch-up Contributions – New Opportunities to Increase Elective Deferrals.” The pamphlet discusses the complexities and effects of recently passed pension legislation.
Written in a question and answer format, the pamphlet is designed to explain the catch-up provision rules to plan sponsors and how the rules can benefit their employees. Included are questions such as:
- What is a catch-up contribution?
- Who can make catch-up contributions?
- What plans can accept catch-up contributions?
- Is there a limit on catch-up contributions?
More information and a free sample of the brochure is available at http://www.corbel.com/catalog/cp_whatitis.asp .