AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Compass
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Loan & Distribution Specialist AimPoint Pension
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IRS Issues Final Minimum Required Contribution Rules for Defined Benefit Plans (PDF)
Prudential [Guidance Overview] Dec. 7, 2015 "The final minimum required contribution rules affect sponsors of qualified single-employer and multiple employer defined benefit plans. These final rules do not affect multiemployer, governmental plans or church plans that do not elect to be covered by ERISA (non-electing church plans) ... If the plan's assets are less than the funding target, the minimum required contribution for the year is equal to the plan's target normal cost plus the amortization of the funding shortfall. If the plan's assets equal or exceed the funding target, the minimum required contribution is the target normal cost, which is reduced by the plan assets in excess of the funding target." |
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