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Outlining the different types of plans and the year-end

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Problem 1: You are the Payroll Manager for a medium sized organization in the aluminum industry. To remain competitive and retain employees, your organization is considering offering a pension plan. The Chief Financial Officer (CFO) is concerned that this will increase work at year end when the payroll staff are already extremely busy. Write a memo to the CFO outlining the different types of plans and the year-end requirements for each.

Reference no: EM132962075

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