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Deemed IRA Trustee


Guest Geezer

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I'm establishing a 403(b)(9) retirement income account Plan for the church association for which I am the Executive Director and I see language in the plan document that provides for Deemed IRA's and Roth IRA's. Since the Trustee is the Association, must the Trustee apply to the IRS for approval to act as Trustee for those accounts? This will be a Texas Trust.

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