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Bye-bye, so long, farewell: What to do with terminated employees’ 401(k) assets

01/30/2025

You have a fiduciary duty to at least try to locate employees who left their 401(k) plan assets behind when they terminated. The IRS and the DOL list measures that will satisfy this fiduciary duty, but what if you take any or all of those steps and still draw a blank?

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