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401(k) S OLUTIONS401(k) IN FOCUS May 2017In this issue401(k) Loans:What You Need to Know Quarterly Market Update p. 5 Should I Roll over My Accounts Into My Current Plan? p. 7 Raising Your Financial

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What is 401k solutions?

401k solutions are retirement savings plans offered by employers to their employees, where contributions are deducted from the employee's paycheck and invested in a variety of assets.

Who is required to file 401k solutions?

Employers who offer 401k solutions to their employees are required to file Form 5500 to report information about the plan.

How to fill out 401k solutions?

Employers can fill out Form 5500 electronically through the Department of Labor's EFAST2 website, providing information about the plan, its participants, and financial details.

What is the purpose of 401k solutions?

The purpose of 401k solutions is to help employees save for retirement through tax-advantaged contributions and investment growth over time.

What information must be reported on 401k solutions?

Information such as plan assets, participants, contributions, investments, and expenses must be reported on Form 5500 for 401k solutions.

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