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Labour market · 25/04/2024

ERISA and IRS Propose Changes to Prohibited Transaction Exemptions

The Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code) are amending certain exemptions from prohibited transactions, affecting plan participants, beneficiaries, IRA owners, and fiduciaries of plans and IRAs.

Source: Federal Register — Department of LaborOpen original release →