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Overview of Davis on 'Age Discrimination Issues for Cash Balance Plans Are Predominantly Resolved'
Workplace Prof Blog
Nov. 15, 2007 Excerpt: As a result of the Pension Protection Act of 2006 and several recent court cases, many of the long lasting age discrimination issues associated with cash balance plans have been resolved. The IRS has even indicated that it will resume issuing favorable determination letters on cash balance plans. As a result, many employers will feel comfortable about their cash balance plans again. [A link to the Davis article is provided on the target page.] MORE >> |
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