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ComplianceJanuary 17, 2017

IRS Proposes Changes to QMAC, QNEC Definitions

Under the proposal, employer contributions to a plan would be able to qualify as QMACs or QNECs if they satisfy applicable nonforfeitability and distribution requirements at the time they are allocated to participants’ accounts not when they are contributed to the plan.

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Thirteen service providers to be recognized at the annual PLANSPONSOR/PLANADVISER Awards for Excellence dinner March 30.

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Deals and PeopleJanuary 13, 2017

Retirement Industry People Moves

PNC hires Asset Liability Management specialist; Lincoln Financial Group hires Institutional Retirement head; Vanguard explores behavioral finance through investor research center; and more.

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