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Employer's Change in Status Imperils Its Eligible 457(b) Plan
Frost Brown Todd LLC
Sept. 4, 2024 "If the employer-sponsor of an eligible 457(b) plan changes its status as a governmental or tax-exempt entity, the eligible 457(b) plan will become an ineligible 457(f) plan, with potentially drastic consequences for participants. An employer faced with a change in status must be alert to this problem and take action before the status change occurs." MORE >> |
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