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New IRS Guidance on Multiple-Employer 401(k) Plans
RSM US
July 9, 2019 "[U]nder the proposed regulation a defined contribution MEP could be eligible for an exception to the unified plan rule. The exception ... would allow the MEP administrator to take unilateral action to deal with participating employers that either fails to satisfy a qualification requirement or is unresponsive to requests for information.... However, the spinoff process is not as easy as throwing away a real bad apple." MORE >> |
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