Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Embracing the Trend: Has Your 401(k) Plan Considered Relaxing Eligibility Requirements?
Pension Consultants Inc. Aug. 20, 2014
"If the plan's goal is to help participants become ready for retirement, then relaxing the eligibility requirements could help them save sooner and longer. If your plan hasn't embraced the trend of loosening participant eligibility, then ask yourself some simple questions: What is the primary purpose of having the current eligibility period? Is the eligibility period satisfying its purpose? Does the current eligibility period drive positive participant behavior results?"
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