Qualified retirement plans that provide immediate 'cash-out' distributions to a terminated participant if the vested benefit is $5000 or less will have to be amended to comply with Department of Labor (DOL) final regulations.
Tax Alert: Compensation And Benefits
Qualified retirement plans that provide immediate 'cash-out' distributions to a terminated participant if the vested benefit is $5000 or less will have to be amended to comply with Department of Labor (DOL) final regulations.
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