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Ensuring a Clean Recordkeeper Conversion
PLANSPONSOR; registration may be required 
Feb. 15, 2019 "[It's] a good idea for plan sponsor to conduct 'a mini audit of the plan before the conversion.' ... Ensuring data from the old service provider is accurate is also key ... One of the most common glitches ... is with moving assets from the old recordkeeper to the new one.... Some funds have a 12-month put or other contractual timeline requiring advanced notice before moving out of them." MORE >> |
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