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How Steve constructed a lasting career as a aspect-time UPS package handler via wonderful benefits and job safety … AND co-founded his own corporation. Effective January 1, 2024, workers who are LTPTs can't be excluded from eligibility to make employee deferrals primarily based on stricter service situations. Additional, there are mandated employee added benefits such as unemployment and workers' compensation insurance coverage that may be needed beneath state law for all employees. The IRS published fiduciary guidance on legislation intended to give far more component-time workers access to retirement plans.

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