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Summertime Blues for Your 401(k) Plan, Part 2: Eligibility Failures
E is for ERISA 
July 15, 2021 "[C]omplications sometimes arise when plans exclude employees based on schedule or job category, such as part-time employees, temporary employees, and per diem employees.... Entry dates add another area of potential error.... Other eligibility errors arise from permitting employees to participate before they have met eligibility criteria.... Correction of eligibility errors is relatively straightforward[.]" MORE >> |
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