Helping Employees Understand their Retirement Plan Distribution Options

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Retirement plan distribution options can be complicated for employers, but not nearly as complicated as they can be for plan participants or their beneficiaries. Management may not be in tune with just how important it is to understand and administer their retirement plan when so many of plan responsibilities are outsourced to outside vendors. In order to avoid fines and penalties assessed by the IRS and Department of Labor, plan provisions must be properly administrated and communicated by employers. Most importantly, though, employers should be committed to providing accurate information to their employees as a standard practice.

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About Aronson LLC

Aronson LLC has written 576 post in this blog.

Aronson LLC has been thinking ahead for its clients for more than 50 years. Aronson’s construction, real estate, government contracting, nonprofit, technology and private industry experts provide innovative audit, tax, and consulting services that help its clients move to the next level. From start-up to exit strategy, Aronson works with companies throughout the entire business lifecycle by proactively identifying opportunities and addressing challenges so that clients are able to focus on their core business. Aronson shows companies how to rethink everything to be more profitable, more competitive and better prepared for the future.

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