The American Institute of CPAs has chosen Paychex as its preferred provider for administering 401(k) plans for members who participate in the AICPA's firm retirement program.

The AICPA chose Paychex because its programs are aimed at small and midsized businesses, and the institute's Firm-Based Member Retirement Program is designed for firms with up to 50 employees. The Paychex program offers more than 3,600 funds, co-fiduciary service and local support in over 100 cities.

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