Labour market · 25/04/2024

Amendment to Prohibited Transaction Exemption 2020-02 Notice

The IRS has issued a notice of amendment to the 2020-02 Prohibited Transaction Exemption (PTE), allowing investment advice fiduciaries to receive certain compensation that was previously prohibited, affecting employee benefit plans, IRAs, and their participants and beneficiaries.

Source: Federal Register — Department of LaborOpen original release →

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