The top payroll providers offer services as third party administrators (TPAs) for 401(k) Plans. While it may be a natural segue from providing payroll, there are many reasons why you should avoid using them as your 401(k) plan’s TPA.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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