Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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New Special Enrollment Period for COBRA Participants
Hill, Chesson & Woody May 20, 2014
"While this is welcome news for some COBRA beneficiaries, there are three important things that employers should know about the new special enrollment period. [1] The special enrollment period applies only to Federally-Facilitated Marketplaces.... [2] If a COBRA qualified beneficiary elects COBRA during the election period, COBRA coverage will be retroactive to the date of the qualifying event.... Marketplace coverage is prospective only.... [3] Consider a targeted communication to employees and COBRA-qualified beneficiaries on available coverage options."
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