We just hired a new employee who would like us to deduct contributions to his personal 401K pre-tax dollars. Our company does not offer 401K for employees. Can this be done? If so, how?
Right Here: "Our company does not offer 401K for employees"
Your Employee has an Old 401(k) Account because some previous employer offered that Plan. They should "direct transfer roll that to a Traditional IRA account" and not leave it with the Old Employer.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
