Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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ABC Key Concerns Regarding the Funding Rules of H.R. 2830 As Passed by the House Committee (PDF)
American Benefits Council [Opinion] July 18, 2005
5 pages. Excerpt: Reduction of plan assets by credit balances. Under new ERISA section 303(f)(4), plan assets are reduced by credit balances for numerous purposes, such as at-risk determinations, benefit restrictions, and several disclosure rules (but not all disclosure rules). This erroneously treats many well-funded as underfunded based on a flawed'double-counting theory' that has previously been considered and rejected by Congress. Plan assets should be reduced by credit balances only[.]
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