3.11 Employer-Provided Retirement Advice

If your employer maintains a qualified retirement plan, the value of retirement planning information and advice provided to you by the employer is not taxable. The exclusion is not limited to information pertaining to the employer’s particular retirement plan. It applies to information for you and your spouse on general retirement income planning, as well as information on how the employer’s plan fits within your overall plan.

Highly compensated employees qualify for the exclusion if similar services are provided to all employees who normally receive information updates on the employer’s retirement plan.

The exclusion does not apply to related services that may be provided by the employer, such as brokerage services, tax preparation, accounting, or legal services; the value of such services is taxable.