Compensation Strategies Group, Ltd.
Nova 401(k) Associates
Nicholas Pension Consultants
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|IRS Releases Final QPLO Regs|
Feb. 5, 2021
"The final regulations apply to plan loan offsets treated as distributed on or after January 1, 2021. The new applicability date will affect how [qualified plan loan offsets (QPLOs)] are reported on 2021 Forms 1099-R, which won't be sent to taxpayers until January 2022."
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