Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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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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New Final Rules Permit Individual Coverage Health Reimbursement Arrangements
Holland & Knight [Guidance Overview] July 9, 2019
"In designing an ICHRA, employers can select which types of medical expenses are or are not reimbursable. When designing ICHRAs, employers can elect to limit reimbursements to individual insurance premiums only, or alternatively, could allow for the reimbursement of individual insurance premiums as well as out-of-pocket costs, such as copayments, deductibles or coinsurance. If an employer chooses the latter, however, it will have to satisfy additional requirements in order to comply with nondiscrimination requirements of the Internal Revenue Code[.]"
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