Can Part Time Employees Get 401K?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaThe Internal Revenue Code (IRC) section 401(k) allows companies to establish plans for their employees. The code governs the taxation of the plan. The actual administration of the plan is left to the employer. An employer sets the requirements for participation. If you are an employee you can check with your plan administrator to determine if you are eligible.Answered on February 6, 2015flag this answer
11783 POINTSContact Meview profileLarry GilmorePROAgent Owner, Gilmore Insurance Services, Marysville, Washington StateCan a part time employee qualify for a 401k? Going to depend entirely on the employer as the IRS spells out the guidelines as to what an employer can't do, they leave a lot of room for an employer to decide what they can do. That said, it would be an exceptional employer who would offer 401k benefits to a part time employee as there is a cost per head to the employer for offering a 401k.Answered on July 13, 2015+01+1 this answer
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