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DOL Issues FAQs on the Interim Final Rule on Lifetime Income Illustrations Under the SECURE Act
Thomson Reuters Practical Law 
[Guidance Overview] July 28, 2021 "[P]lans that must issue quarterly statements under ERISA Section 105(a)(1)(A)(i) can incorporate their first lifetime illustration on any quarterly statement up to the second calendar quarter of 2022, which ends June 30, 2022.... For [non-participant-directed] plans, the lifetime income illustrations must be on the statement for the first plan year ending on or after September 19, 2021." |
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