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Showing content with the highest reputation on 06/27/2013 in Posts

  1. Guest

    DOMA Change and effect on retirement plans

    ownership attribution?
    1 point
  2. Plan fees will increase.
    1 point
  3. Personal opinions without going into specifics - The state of limbo left by the decision of the SCOTUS is going to be a MESS! Each case will be dependent on the state in which the participants live and whether that state recognizes their marriage or not and potentially the time periods they lived invarious states. Basically, to simplify things, I think we should abide by the most conservative approach that benefits the participants which is to assume that any spouse is a recognized spouse under the law.
    1 point
  4. For a small fee, I'm sure, the amendment can be rescinded or changed to reflect a later date.
    1 point
  5. Maybe the company should have checked with the programmer before making promises that it didn't have enough staff to meet. Either that or have the programmer drop the other projects (they can't be that important) and make the payroll changes the programmer's top priority. People who sponsor and run plans really need to check in advance on the nuts and bolts required to implement changes, instead of blindly making changes that they think will magically happen.
    1 point
  6. Prime rate may be for banks "best customers" only, and indeed "very rare". But what does a bank charge for a loan FULLY SECURED by the balance of a savings account held at that bank? This is akin to what a plan loan is like, the plan has NO RISK, just like the bank making a passbook secured loan has no risk. Prime+2 seems high.
    1 point
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