Over the past 10 years, thousands of entrepreneurs have used their existing retirement savings held by a qualified retirement plan or IRA to finance the startup or acquisition of a new business. According to industry experts in 2010, since 2005, more than 10,000 business startups had been financed using arrangements whereby individual qualified plan accounts or IRAs were rolled over into a newly established 401(k) plan sponsored by the startup business and then used […]

An employee who is absent from work for a long time because of sickness or ill-health is entitled to a certain level of sympathetic consideration from their employer. An employer is not however required to employ an employee indefinitely in circumstances where the employee has been unfit for work for some time.
Absence Management
Employers should have procedures in place for dealing with medium to long term absence. A consistent application of the procedures assists an […]