AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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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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IRS Provides Reminder That Employers May Not Currently Deduct Contributions of Their Own Debt Securities
Groom Law Group [Guidance Overview] Sept. 6, 2019 "The 2018 tax filing deadline for employer 'grace period' contributions to their pension plans is coming up on Friday, September 13, 2019.... [IRS Chief Counsel Memo 201935011] explains: [1] An employer's contribution of its own promissory note is not deductible as an actual payment 'regardless of whether the note is secured or transferable.' [2] This same 'no-deduction' principle applies if the employer's debt is publicly traded or if the debt is issued by a member of the plan sponsor's 'controlled group.' " |
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