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Uninvested Cash Can Be a Symptom of a Bad 401(k) Recordkeeper
Employee Fiduciary
Aug. 10, 2016 "Problems related to transactions involving money in or out of a 401k plan are the easiest to identify. New contributions should appear on recordkeeper reports within 3 days of deposit and distribution checks should be in the hands of the participant or rollover institution within 2 weeks of request. Problems with other transactions -- ones that happen completely inside a 401k plan -- can be more difficult to discern." MORE >> |
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