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New Rules Require Plans to 'Chase Time': Coverage for Long-Term Part-Time Employees
Frost Brown Todd LLC
[Guidance Overview] Aug. 16, 2023 "Plan sponsors should consider adopting an amendment to remove a 1,000-hour requirement and/or a part-time employee exclusion so that it is clear how the plan is in compliance. An amendment signed in 2023 to be effective for 2024 would be best and may be required for safe-harbor plans." MORE >> |
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