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Implementing Lump Sum 'Sweeps' for a DB Plan: Considerations for Plan Sponsors
Retirement Town Hall 
Aug. 27, 2012 "Many defined benefit (DB) plan sponsors are in the process of considering whether to offer a lump sum 'sweep' to terminated deferred vested participants. Essentially, a 'sweep' is a plan amendment that offers lump sums to terminated vested participants during a temporary period. By removing these participants from the plan in 2012, sponsors may accomplish the following ..." MORE >> |
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