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Implementation of 2014 Puerto Rico Tax Prepayments by Retirement Plan Sponsors Is Optional
Bloomberg BNA Link to more items from this source
Aug. 7, 2014
"[P]lan sponsors have discretion to decide whether they will amend their plans to allow for the prepayments, with the biggest caveat being that dual-qualified plans will most likely not be allowed to implement the prepayments, at least inasmuch as they permit an immediate distribution, because such a distribution could violate applicable distribution restrictions under IRC Section 401(a)."

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