Warnings for administrators of 401(k) or 403(b) plans

Here are two questions for administrators of NPO retirement plans from Emma Kong at the Mission: Accountable blog.

Check out her post, Hidden Rules of the 401(d) and 403(b), for the answers to these questions:

Are you making deposits for employee contributions too late?

Do you have a Fidelity Bond?

By the way, the wrong answer can cost you serious penalties.

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