TITLE

More employers shorten 401(k) eligibility period

AUTHOR(S)
Bridgeford, Lydell C.
PUB. DATE
June 2007
SOURCE
Employee Benefit News;Jun2007, Vol. 21 Issue 8, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the decision of some firms in the U.S. to offer employees earlier eligibility for 401(k) plan enrollment. A research from Profit Sharing/401(k) Council of America has found that in 2006, 69.2% of 401(k) plan sponsors have allowed employees to make elective deferrals to the plan. Information on the approaches taken by employers in offering earlier eligibility is outlined.
ACCESSION #
25576875

 

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