With only weeks remaining prior to 401(k) plans will have to comply with the new rule in operation, the Proposed Regulations explain how strategy sponsors are to recognize lengthy-term, portion-time (« LTPT ») workers. The Proposed Regulations also establish other administrative rules needed to define the rights of LTPT staff job search and prescribe the connected obligations of strategy sponsors. Plan sponsors can rely on the Proposed Regulations in administering their plans till the regulations are finalized, likely sometime subsequent year. As the state’s flagship, land-grant institution, the University of Kentucky exists to advance the Commonwea

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