Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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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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Bates & Company, Inc.
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SECURE Act and 'Portability of Lifetime Income' -- Document Drafters Beware
Business of Benefits [Guidance Overview] Jan. 27, 2020 "For the participant who does not have a distributable event, but the plan ceases its relationship with the insurer for whatever reason, Section 109 permits that participant to maintain that annuity by taking an 'in-kind' distribution of it.... These are incredibly substantial changes, for which there is yet little guidance-and little familiarity with in the market.... [T]hese things only work when they are treated as an in-kind distribution of a plan investment, as opposed to a benefit provided under the plan." |
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