Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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IRS Provides Escheatment Guidance for Qualified Plans (PDF)
Groom Law Group, via Journal of Pension Benefits [Guidance Overview] July 19, 2021 "[P]lan sponsors of qualified plans that escheat plan benefits should update their reporting and withholding procedures no later than January 1, 2022, to comply with Revenue Ruling 2020-24 ... The withholding requirements may be of particular concern for escheatment that is made in-kind ... Notably, no corrective action is required for the plan sponsor's prior reporting and withholding position." |
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