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DOL Proposes Orphan Retirement Plan Rules
FIS Relius 
Mar. 23, 2005 Excerpt: The Department of Labor has announced new rules for dealing with 'orphaned' retirement plans, or plans which have been abandoned by their sponsors. The rules are limited to individual account plans; defined benefit plans cannot use these rules even if the plan is not under the aegis of the PBGC. The proposed rules address four specific aspects of orphaned plans:[.] MORE >> |
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