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IRS Issues New Examples of Valid Rollover Diligence Procedures

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Sidley Austin – On April 3, 2014, the Internal Revenue Service (the “IRS”) released an advance copy of Revenue Ruling 2014-9 providing two new examples of rollover due diligence procedures which, if followed, will allow a plan administrator to reasonably conclude that a potential rollover contribution is valid. Background In general, a potential rollover contribution […]

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