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Relationship Manager – Defined Contributions Daybright Financial
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Spectrum Pension Consultants (part of Daybright Financial)
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Nova 401(k) Associates
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Daybright Financial
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Independent Retirement
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Regional Sales Director-Mid Atlantic July Business Services
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Internal Channel Sales Team Lead July Business Services
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Director of Regulatory Operations and Compliance PCS Retirement
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Experienced Employee Benefits Attorney Shipman & Goodwin LLP
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EPIC RPS
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Regional Sales Director-Heartland July Business Services
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Stones River Consulting
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Director, Strategic Accounts and Channel Development July Business Services
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Daybright Financial
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EPIC RPS
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Dispelling an Urban Legend: Participant Loans Do Not Result in Double Taxation
Belfint Lyons & Shuman, CPAs 
Mar. 10, 2017 "If a plan participant needs a loan and takes a loan from the plan, or from a bank, or from a relative, the loan repayment is always made with after-tax dollars. Please note that loan proceeds are generally not taxable. If the loan repayments to a retirement plan were made with pre-tax dollars, the participant would effectively get TWO tax deductions or tax deferrals for only one distribution that will be taxable." MORE >> |
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