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What is the Deposit Requirement established by the proposed IRS regulations?

April 26, 2017deposit IRS proposed regulations requirement

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What is the Deposit Requirement established by the proposed IRS regulations?

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The proposed regulations require Employers of 403(b) programs to remit employee contributions within a very limited time period following each payroll periodthe suggested deadline is the 15th business day following the payroll. TSA Consulting Group has created the EPARS System, which expedites remittance of employee contributions.