Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Salary Reduction Simplified Employee Pension Plan (SARSEP) was a type of retirement plan ...

The Seventh Circuit affirmed a district court’s ruling that FICA must be withheld on contributions made by salary reduction to a section 403(b) retirement plan. The circuit also affirmed the trial ...

This policy establishes the general plan for furloughs and temporary salary reductions if they need to be implemented in times of budgetary constraints. Other savings options are to be considered ...