Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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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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AimPoint Pension
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Text of IRS Memo for EP Employees on Computation of Maximum Loan Amount Under Section 72(p)(2)(A) (PDF)
Internal Revenue Service [IRS] [Official Guidance] Apr. 24, 2017
"If during an examination you determine that a qualified plan made two or more loans to the same participant during a 1-year period ... Determine if the plan has computed 'the highest outstanding balance' in one of the two ways described in [this memo]. If it has, the requirement under section IRC Section 72(p)(2)(A) is met and no further inquiry need be done."
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