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Tag Archives | Plan Provisions

An example of a retirement plan provision is a 401(k).  It lets workers save and invest a piece of their paycheck before taxes are taken out.

Are Your Benefit Plan Summary Plan Descriptions Up-to-date?

Employee benefit plans constantly undergo changes. Claims procedures are revised, benefits provisions modified, and new administrators or trustees named or their addresses or telephone numbers changed. Whenever such changes occur, plan sponsors have the obligation to communicate these to participants through a revised summary plan description (SPD)

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