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401(k) Contribution Due Date - Over 100 Plan Participants
Mike Preston reacted to Jim Chad for a topic
The DOL would say that the part of their regulations that count for Plans over 100 is the part that says "As soon as reasonable" . They think that payday is reasonable, with modern computers. The 15th business day of the following month is when they come for you with handcuffs.1 point
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