The Trainer — February 2017

Charging Site Account for Frontline Retirement Plan Costs

In this month’s feature, we discussed how HUD lets you charge to your site’s operating account your contributions to retirement plans for frontline employees, as well as related administrative costs. But if your plan doesn’t meet the requirements of the HUD Management Agent Handbook, HUD auditors may order you to reimburse the site from your own pocket. We explained HUD’s nine retirement plan requirements.

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