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Published on Mar 25
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Retirement accounts of $5,000 or less can be costly for plans and fiduciaries if participants do not take distributions when leaving your company. Trim down the fat; distribute small balance retirement accounts to create a leaner, meaner 401(k). Mandatory distributions can reduce both your cost and your risk.
Click here to read more on how to save time, money and reduce risk by eliminating small 401(k) balances.
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