IRS Rulings Encourage Possible New Retirement Benefit for Workers
Posted Jul 8, 2010 1:47 PM CST
By Martha Neil
Rulings by the Internal Revenue Service have opened the door wider to a possible new benefit for a number of workers.
If employers are willing, they can agree to funnel a worker's unused paid time off into his or her account in the company's 401(K) retirement plan, senior counsel Lisa Berkowitz Herrnson of Proskauer Rose tells Bankrate.