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Former Employees with Plan Assets are Still Plan Participants
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Plan Sponsors should understand that terminated employees who have left their account balance in your plan, are still considered participants under ERISA. As such, they have the same rights as current employees. They cannot contribute to their account under the plan, but otherwise, they have the same ERISA protected rights as plan participants. One protected  Read More →

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