MR Posted June 19, 2001 Posted June 19, 2001 Is anyone out there advising their clients with weekly payroll to make weekly 401(k) deposits?
Earl Posted June 19, 2001 Posted June 19, 2001 my advice is pay the withholding when you withhold. I work with single location small employers. I have not heard a reason to do otherwise, except on takeovers where some people pay a fee to make a deposit. Seems unconscionable to me that you pay extra to follow the regs? CBW
actuarysmith Posted June 21, 2001 Posted June 21, 2001 If it did not cost money to "follow the regs" all of us TPA's would be out of business................
Earl Posted June 21, 2001 Posted June 21, 2001 extra money, dude, not money. How can you design an investment product that isn't set up to accomodate following the regulations? thats the source of my incredulity. Seems to me to penalize people for following the rules. CBW
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