Thursday, June 27, 2013

Benefits recordkeeping: What you must keep – and for how long


by Christian Schappel
Recordkeeping paperworkThe trouble with recordkeeping at a lot of companies: You don’t know how complete your records are until you get involved in litigation or an audit. But by then, it’s often too late to fill in any critical gaps.
That’s why it’s essential to know — before you’re charged with any wrongdoing — what documents you need to hold onto and what you can trash without putting your company at risk.
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