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If a retirement plan bought that contract and remains in the class, a plan's financial statements might include in the notes a narrative explaining the gain contingency.  Ordinarily, no accrual is expressed in $$ until restoration is had or is substantially certain.

 

 

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

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