egd;357682 Wrote: > > 1 question - who introduced mandatory pension schemes and wrote the > rules around pension funds and 401K's and equivalents - governments or > companies?
So you don't think I'm pulling your string, let me add that there are tax rules (not labor or company law rules) that can apply IF a company wants to deduct set-asides (and avoid individual taxation) before they are paid out. Those are conditions for a tax deduction. The tax deduction rules are pretty logical, and do not prevent a company from suspending a plan and withdrawing future support, at any time. Companies are free to not comply with the tax rules, there are no penalties other than they just get a less favorable result. If a company doesn't want to prefund and deduct, it is welcome to establish, dis-establish, change, withdraw, etc., future retirement arrangements as a contractural matter (with employees) at will. Many companies have such arrangements, and the legal constraints are very few. -- Goodsounds ------------------------------------------------------------------------ Goodsounds's Profile: http://forums.slimdevices.com/member.php?userid=14201 View this thread: http://forums.slimdevices.com/showthread.php?t=54678 _______________________________________________ discuss mailing list discuss@lists.slimdevices.com http://lists.slimdevices.com/lists/listinfo/discuss
