HEY DID YOU KNOW
On January 1, 2024, long-term part-time employees are eligible to participate in your 401(k) plan.
To be eligible the employee must be over 21 and have worked at least 500 hours a year in the last three years.
Participation is voluntary, and employers do not have to match the contribution.
For more information on this new law please contact your Retirement TPA.