Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
DOL Publishes Final Class Exemption Under Voluntary Fiduciary Compliance Program
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Nov. 25, 2002
Excerpt: The final exemption provides [excise tax] relief ... for four transactions covered by the VFC Program.... The transactions include: Late transmittal of employee contributions and participant loan repayments to plans; Loans between plans and related parties at fair market interest rates; Purchases or sales of assets between plans and related parties at fair market value; The sale and leaseback of property between plans and employers for fair market value and fair market rental value.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |