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Rehired Employees: Eligibility, Vesting and Automatic Enrollment, Oh My!
Newfront
Jan. 16, 2025 "Rehired employees present challenges to employers with company-sponsored retirement plans.... [M]any 401(k) plans include minimum service requirements or vesting schedules on employer contributions, which complicate the analysis. In addition, the automatic enrollment mandate for non-grandfathered plans which became effective January 1, 2025 makes the treatment of rehires even trickier." MORE >> |
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