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This is an even bigger issue. Your employer is required to have your payroll deposits into the 401k plan as soon as administratively possible, but no later than the 15th of the month after the month in which the payroll deduction was made. The U.S. Department of labor has sued more than one employer for not doing so. To pursue, contact the U.S. Department of Labor's Office of Participant Assistance and Communications at 202-219-8776.

Rick Meigs

Hi Rick,

Shouldn't the above say the 15th business day of the month?

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