Small Business Job Protection Act Of 1996

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Dictionary Says

Definition of 'Small Business Job Protection Act Of 1996'

An act of legislation that increased the minimum wage, simplified pension rules and adjusted taxes for small businesses. The act also made adjustments to S Corporation regulation, rules surrounding safe harbor provisions and rules governing worker employment status. It also simplified the administration and maintenance of 401(k) plans, with the aim of making more employers want to provide this type of retirement plan to its employees.
Investopedia Says

Investopedia explains 'Small Business Job Protection Act Of 1996'

Besides increasing the minimum wage, the act significantly expanded the number of corporations that could take advantage of S Corporation elections, including the allowance of some banks and financial services firms to become this type of corporation.
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'Small Business Job Protection Act Of 1996'

  • 529 Plans: Introduction | Investopedia

    http://www.investopedia.com/university/retirementplans/529plan/
    ... Students. By Denise Appleby 529 plans (also known as a "qualified tuition program")
    were created under the Small Business Job Protection Act of 1996 (SBA '96 ...

  • Choosing The Right 529 Education Savings Plan

    http://www.investopedia.com/articles/retirement/04/072104.asp
    ... July 06 2010 | Filed Under ยป Savings, Students. Since its creation under the Small
    Business Job Protection Act of 1996, the Section 529 plan has become much ...

  • 529 Plans: Introduction | Investopedia

    http://www.investopedia.com/university/retirementplans/529plan/default.asp
    ... Students. By Denise Appleby 529 plans (also known as a "qualified tuition program")
    were created under the Small Business Job Protection Act of 1996 (SBA '96 ...

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