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After Layoffs, Employers Risk Invoking 401(k) Partial Termination Rule

Oct 21, 2020

As businesses continue to deal with economic challenges due to the COVID-19 pandemic, many may need to permanently lay off workers. When doing so, companies that sponsor 401(k) and other qualified retirement plans should consider the IRS "partial termination rule," which can lead to unexpected costs to the company. (Read More)

Article By: Stephen Miller, CEBS  SHRM

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