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IRS Curbs Some 401(k) Plan Contributions with Final Regulations
Business Insurance via Workforce Management OnlineLink to more items from this source
Jan. 31, 2005
Excerpt: Final Internal Revenue Service 401(k) rules curb a low-cost approach that some employers have used to allow higher-paid employees to contribute more to 401(k) plans and still enable the plans to pass nondiscrimination tests. The rules also broaden the list of situations in which employees can make so-called hardship withdrawals from the plans.

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