401(k) Plans Have Options to Comply With New Mandate for Part-Time Employees
By EsqSocial Corporation 27/10/20
The SECURE Act was passed in late 2019, in what seems like another era, with the goal of increasing participation in 401(k) plans. One way to reach that goal was a new mandate, starting in 2021, to track long-term, part-time employees and require that they be given the opportunity to make salary deferrals....
By: Davis Wright Tremaine LLP