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No VCP Fee Relief in Updated Rev. Proc.; Some Fees Increased
Buck 
Jan. 9, 2019 "Unlike prior years, the 2018 VCP fee was determined by reference to net plan assets with no reduced fees for minimum distribution, participant loan, or plan amendment failures.... The revised schedule drew some criticism from trade groups that advocated for a return to some of the reduced fees for common failures.... The updated procedure for 2019 in [Rev. Proc. 2019-04] does not budge on the VCP fees[.]" MORE >> |
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