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Retirement Plan › 401k › Payroll Deductions

Fox Rothschild LLP

Connecticut Businesses Must Offer a Retirement Savings Plan to Employees by August 31, 2023

Fox Rothschild LLP on

Connecticut businesses have until August 31, 2023 to offer a retirement savings plan to employees. In 2016, the Connecticut General Assembly enacted Public Act 16-29, which created the Connecticut Retirement Security...more

Hutchison PLLC

Qualified Retirement Plans Utilized by Startups and Early Stage Companies

Hutchison PLLC on

Many employers feel it is necessary, as part of a competitive recruitment process, to adopt a tax qualified retirement-savings plan for employees. Here are some forms of tax qualified retirement plans early stage companies...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

The Problem With Loans

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

When I draft a new 401(k) plan for a client, I’ll recommend a loan provision even though it can be an administrative headache. The reason that I add it because I think participants need to have access to money if in their...more

Littler

Mandatory Payroll Deduction Savings Programs Are on the Rise

Littler on

According to the U.S. Department of Labor (DOL), one-third of American workers do not have the option to participate in a retirement savings plan through their employers. To help employees save for retirement, more states are...more

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