Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|The Latest Guidance on the $1M Deduction Limit and the Ever-Expanding Definition of Covered Employees|
Apr. 6, 2021
"The addition of the five highest paid employees ... appears to be applicable on an annual basis. Stated another way, only the traditional five covered employees (CEO, CFO, and three highest paid officers) remain covered employees in all future years."
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