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Prohibited Transactions


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Posted

I have a client that's an insurance broker. It has been advised that it cannot receive commissions for products provided to its own plan with 120 employees. The employer seems to have met the criteria for PTE 79-60.

Is there anything new out there that I am missing about the viability of 79-60?

Posted

PTE 79-60 is still viable. However, it imposes specific requirements in order to take advantage of it. Could the problem be that the requirements haven't been met?

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