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Summary Annual Report


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Guest 401kadmin
Posted

Is it required the Trustee sign the SAR? or was there ever a time this was a requirement? My employer asked me to research this as he has always had the Trustee sign the SAR prior to distributing to plan participant. I have worked for several TPA's and am not aware of such requirement, nor have I seen a signature on a SAR before. So far I have not found any information documenting this is or ever was a requirement. Any input would be of great help.

Posted

Female trustees are required, by law, to kiss each one with red lipstick. There is no corresponding requirement for male trustees.

Seriously, I've not seen, nor have I ever heard, that a trustee need sign an SAR.

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