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Getting to know the tax code – 401(k) plan design defined by IRS rules

$225.00

SKU: EBUye102. Category: .

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Abstract: The name “401(k) plan” should provide the first hint that qualified retirement plan design is governed, in part, by the IRS. While Internal Revenue Code (IRC) Section 401(k) governs many aspects of qualified retirement plans, other IRC sections govern coverage requirements, employee contributions and the elective deferral limit. This article summarizes some of these rules and how they can impact a plan’s design and its ultimate success.

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