Skip to content
Beware of Part-Time Employee 401(k) Plan Eligibility in 2024

Beware of Part-Time Employee 401(k) Plan Eligibility in 2024

Many 401(k) plans require employees to work for one year with 1,000 hours of service in order to be eligible to make elective salary deferrals. Because many part-time employees do not meet the 1,000 hour threshold, many of them never become eligible to make elective...