Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Compass
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Loan & Distribution Specialist AimPoint Pension
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COVID-19 Pandemic Sheds Light on Questionable Retirement Plan Features
Cammack Retirement Group May 21, 2020 "[T]he QJSA is not a requirement for many plan types, and retaining it makes little sense if it can be avoided ... Despite [the CARES Act] changes, providing participants with flexibility for loan repayment at employment termination is far preferable.... Even in a non-pandemic environment, it seems prudent for a retirement plan to be written, if possible, so that the plan sponsor has the flexibility to modify/suspend contributions at its discretion." |
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