Kathleen Salas Bass explains that IRS audits don’t always target the most recent plan year—sometimes they go back several years. 

It’s often difficult to find older records, which makes preparation critical. 

#IRSAudit #BenefitsPlans #HRCompliance #PlanSponsor #RetirementPlans

Doll Lank advises that the very first step after receiving an IRS audit notice is to engage ERISA counsel. 

#IRSAudit #BenefitsCompliance #PlanSponsor

Vanguard: Emergency Savings Mean Retirement Savings | PLANSPONSOR Participants with at least $2,000 in emergency savings contributed more to their 401(k) accounts and took fewer withdrawals than those without, the firm found.

💡 New research from #Vanguard highlights a powerful truth: Emergency savings protect retirement savings. According to Vanguard’s study “Emergency Savings Protect Retirement Savings” (reported by #PLANSPONSOR):

www.plansponsor.com/vanguard-eme...