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In the technologically advanced world, there are chances of uncertain events that cause disruptions to business operations and organizations, which makes recovery and business continuity strategies more crucial for retirement plan operations. This is because these hold all the sensitive data, like investment portfolios, retirement savings, and participants' information. However, with the help of the cloud, retirement plan administration software can mitigate and minimize the risks and safeguard the crucial data and services that these retirement savings hold.
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