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Vesting and Benefit Statements
FIS Relius
June 20, 2007 Excerpt: The Pension Protection Act of 2006 (PPA) says that plans with participant direction of investment must provide quarterly benefit statements. These statements must include vesting information. However, the law allows the plan to provide vesting information annually in a separate statement, in accordance with the rules of the Department of Labor (DOL). MORE >> |
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