Designing retirement plans
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In 2001, two federal privacy laws came into effect requiring virtually all businesses to protect the financial and medical information of employees and customers. There is a mistaken belief that these new privacy laws only affect financial and medical firms, but these privacy laws actually cover the privacy of financial and health information. Any company with 401K retirement plan information and medical information on their employees must comply with these new privacy laws. The Gramm-Leach-Bliley Act was signed into U.S. law onNovember 12, 1999 by President Clinton (Public Law 106-102).
19p khongmuonnghe 04-01-2013 44 1 Download