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What Is a Top-Heavy Retirement Plan?

What Is a Top-Heavy Retirement Plan?

The IRS requires several annual nondiscrimination tests for defined contribution retirement plans, and the top-heavy test is one of those. A retirement plan is top-heavy when, as of the last day of the preceding plan year (the determination date), the total value of...

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To Bond, or Not to Bond, That Is the Question

To Bond, or Not to Bond, That Is the Question

To Bond or Not to Bond, That Is The QuestionMany public employer sponsors of pension and/or Other Post-Employment Benefit (OPEB) plans are considering issuing taxable Pension Obligation Bonds (POB) as a way of closing any funding gaps that might exist in their...

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