Retirement Solutions Specialists
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Pollard & Associates
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Great Lakes Pension Associates, Inc.
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New York City District Council of Carpenters Benefit Funds
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Fringe Benefit Group
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Greenline Wealth Management
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Retirement Planners and Administrators (RPA)
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Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
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TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
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Defined Contribution Account Manager Nova 401(k) Associates
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Senior Specialist 401k Recordkeeping T Bank N.A.
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IRS Issue Snapshot: 403(b) Plan – the Universal Availability Requirement
Internal Revenue Service [IRS] [Guidance Overview] Aug. 11, 2021 "A common error occurs when employees, working less than full-time, are automatically excluded from making elective deferrals under the 403(b) plan.... Issue Indicator: A 403(b) plan using the statutory exclusions under IRC Section 403(b)(12)(A)(ii). Audit Tips: [1] Review plan language for excluded employees. [2] Verify the plan provides an effective opportunity to participate for all non-excludible employees. [3] Review whether the plan may be eligible for transition relief under Notice 2018‑95." |
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