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Employee Benefits and Executive Compensation Associate Attorney Verrill |
Plumbers Local Union No. 1 Benefit Funds |
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Trucker Huss, A Professional Corporation |
Carpenter Morse Group |
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Retirement, LLC |
RTD Financial Advisors |
Retirement Plan Legal Specialist Pentegra |
Retirement Plan Administrator (TPA) Retirement Plan Consultants |
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Bates & Company |
Pentegra |
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Gold Bullion in Hands of Non-IRA Custodian Under Direction of IRA Trustee Ruled a Collectible Internal Revenue Service [IRS] ![]() [Official Guidance] Apr. 29, 2002 Excerpt: This limited exception applies only if a certain type of bullion is in the physical possession of the IRA trustee. In this case, all of the bullion coins and bullion bars at issue are in the physical possession of Company M or Company N, not the IRA trustee.... IRAs that deposit such bullion coins and bullion bars with Company M or Company N would have to treat such deposit as a distribution from the IRA in an amount equal to the cost to the IRA of such collectible. |
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