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Regulatory, Compliance, & Legislative
Employee terminations affect many aspects of the company, and one that is often overlooked is the retirement plan.
As businesses are increasingly focused on reopening and rebuilding, it’s important to stay on top of regulatory and legislative matters to ensure continued compliance. This update covers issues involving Mental Health Parity guidance, COVID-19 vaccine employer guidelines, the American Rescue Plan Act and more.
In January of 2021 the Department of Labor (DOL) released helpful guidance to assist employers in locating missing or unresponsive retirement plan participants.