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| Bankers Comment on Proposed DOL Regulation for Assets Held by Abandoned Plans (PDF) American Bankers Association  May 6, 2005 3 pages. Excerpt: While we certainly appreciate that a QTA can be a person eligible to serve as trustee and must hold the assets of the plan, we would like to see an expansion of the definition. There are situations where the bank is the trustee, but is not the recordkeeper. In those situations, the recordkeeper is in the best position to step in as QTA ... |
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