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Pension Consultants, Co., Inc.
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Timing of Employee Contribution Deposits - Safe Harbor of Seven Business Days
January 28, 2010
The U.S. Department of Labor announced a rule
to protect employee contributions deposited to small plans with fewer than 100 participants by providing a safe harbor period of seven business days following receipt or withholding by employers.
Website:
US Dept of Labor - EBSA
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444 South Adams Street, Suite 1
Green Bay, WI 54301
(920) 437-0313