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Yes, terminated employees in your plan count toward the audit requirement

Yes, terminated employees in your plan count toward the audit requirement

by cpaadmin | Oct 15, 2022 | Employee Termination

Terminating an employee is never easy, but can be necessary. When people leave your company—voluntarily or not—they take the value in their 401(k) plan with them to continue their retirement savings. The catch: this doesn’t happen automatically. After an employee’s...

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