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Multiple Employer 401(k) Plans


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Guest Jim K
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Does anyone have an opinion or can site resources on whether or not an electing Church or Religious Entity can sponsor a Multiple Employer 401(k) Plan? If so, do you need to exclude clergy and only cover non clergy? I know it is off the track a bit, but I am trying to determine if this is a suitable option. I believe a 403(b) is a better fit, but see nothing that has been codified that would suggest that a 401(k) is out of bounds. Thank you!

Jim

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