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Lump Sum Offers Department of Labor (DOL)

Seyfarth Shaw LLP

IRS Moves to Limit De-Risking Lump Sum Distributions

Seyfarth Shaw LLP on

On July 9, 2015, the IRS announced that it intends to amend the required minimum distribution regulations under Section 401(a)(9) of the Internal Revenue Code to prohibit plans from offering voluntary lump-sum cashouts to...more

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