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Treasury Department Proposed Regulations on Automatic Contribution Arrangements (PDF)
Transamerica Center for Retirement Studies 
Dec. 19, 2007 3 pages. Excerpt: The regulations provide guidance for two types of ACAs, the Qualified Automatic Contribution Arrangement (QACA) and the Eligible Automatic Contribution Arrangement (EACA). The regulations further provide that pre-PPA ACAs may continue after 2007 without having to satisfy many of the 2008 requirements. Summarized below are the characteristics of a QACA and an EACA. MORE >> |
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