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Embracing the Trend: Has Your 401(k) Plan Considered Relaxing Eligibility Requirements?
Pension Consultants Inc. Link to more items from this source
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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