Question: Part 3 : Reflection and Analysis 3 . 1 . Explain the importance of maintaining compliance with IRS coverage tests for a company's retirement plan.
Part : Reflection and Analysis
Explain the importance of maintaining compliance with IRS coverage tests for a company's retirement plan. How does compliance impact both the employer and employees?
Discuss the potential consequences for a company if their retirement plan fails to meet the IRS nondiscrimination requirements.
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