Are You on Your Game with Regard to Participant Notices?

One common problem with plan management is correctly providing required notices to participants on a timely basis. There are many notice requirements, depending on what activity is occurring within your plan, and notice requirements can be particularly tricky when you have terminated employees who are still participants in the plan. Notably, there can be substantial civil penalties or the loss of certain plan protections if participants receive late notices or none at all.

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