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Defined Benefit Pension Plan Contributions: To 2021 and Beyond
Findley
Oct. 9, 2020 "Some plan sponsors may choose to defer required 2020 plan contributions to January, 2021, while those companies having a good financial year may opt to contribute on the normal schedule, and may also contribute more than the required amount. The decision to defer 2020 plan contributions, effectively at least doubling their contribution requirements in 2021, should be made only after weighing the pros and cons." |
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