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DOL Allows PBCG Missing Participant Prog. when Terminating 401k Plan - Vimarsana News

DOL Allows PBCG Missing Participant Prog. when Terminating 401k Plan

Department of Labor DOL Field Assistance Bulletin 2021-01, blesses PBGC’s Missing Participant Program as an additional method of addressing a perennial issue in 401k terminations – the problem of missing participants and beneficiaries with remaining account balances.