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How Controlled Groups Work in 401k Retirement Plans
Manage episode 362526343 series 3458210
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Learn how to navigate the gray areas of control groups and ensure fairness to employees. Discover the three rules of control groups, including parent subsidy, fifty percent threshold, and family attribution.
The Controlled Groups 401k retirement plan code applies to business owners, real estate investors, venture capital firms and other businesses that often have multiple corporations or LLCs to separate assets.
Avoid penalties, fines, and cash flow issues by understanding the rules around control groups that are covered in this episode.
EPISODE LINKS:
- Get FREE information about Setting up or Fixing Your 401k plan
https://lifeincrs.com/401k-plans-podcast/
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