Trouble Locating Missing 401(k) Participants? A Proposed Program May Be Of Help

One of the many challenges facing employers while terminating a 401(k), profit-sharing, or Defined Contribution plan is locating participants with balances who have long since left employment. The Pension Benefit Guarantee Corporation (PBGC) has recently proposed establishment of a program to accept transfers of account balances of any size. 

What you’ll learn

  • How this program works
  • How plan sponsors & participants benefit from this program
  • Whether or not you need to enroll 

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