Basics of Retirement Committee Organization, Operation [Podcast]
There are almost 600,000 U.S. 401(k) plans. These plans collectively cover more than 100 million participants. They have nearly $6 trillion in assets. Two principal laws governing these plans, the Internal Revenue Code (the “Code”) and the Employee Retirement Income Security Act (ERISA), set out a series of rules that are mind-numbingly complex. In or about …
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