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  5. Is there a minimum dollar amount that may be withheld for defined contribution plans?

California Laws

WK State Pension Distribution Withholding and Reporting

Question:

Is there a minimum dollar amount that may be withheld for defined contribution plans?

Answer:
Yes
This answer is derived from 1 section of law
Citation:
  • citation 1: see full citation
    (d) Where the amount of withholding computed pursuant to subdivision (c) is less than ten dollars ($10) per month, the payer shall not be required to withhold that amount. see full law
since 2019-11-20
verified through 2019-11-20