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[Official Guidance]

3/29/2006: Text of EBSA Advisory Opinion 2006-03A of February 28, 2006 (Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL])
Excerpt: [DOL was asked] for an advisory opinion concerning the applicability of Prohibited Transaction Exemption (PTE) 92-6, as amended,(1) to a transfer from an employee benefit plan of a second to die life insurance contract to the husband and wife whose lives are insured under the policy and who are both participants in the plan.
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