Understanding advantages in new retirement plan withdrawal rules
Article Abstract:
The newly issued rules for withdrawal of retirement plans under the Underemployment Compensation Act of 1992 may prove to be advantageous for employees. With the legislation, employees will be able to transfer their money from an individual retirement account or one retirement plan to the other without waiting for the 60 days before the rollover of the distribution. In addition, accepted plans will also be suitable for transfer to other plans. Two cases illustrating these advantages are cited. Despite such advantages, however, the new rule also has its limitations which is going to be overcome by several temporary rules identified.
Publication Name: Pension World
Subject: Human resources and labor relations
ISSN: 0098-1753
Year: 1993
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Pension funds proposed as possible solution to capital drought
Article Abstract:
The role that pension funds can play in alleviating the capital needs of mid-market companies is highlighted. Pension funds can act as merchant bankers and boost the recipients' long-term capital requirements as well as strengthen their balance sheets. Issues involving cost, risk, administration and return on investment can be addressed quickly enough without great difficulty, as is the case in Europe.
Publication Name: Pension World
Subject: Human resources and labor relations
ISSN: 0098-1753
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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