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Employee Retirement Income Security Act of 1974: Difference between revisions
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Employee Retirement Income Security Act of 1974 (view source)
Revision as of 16:39, 14 September 2017
, 14 September 2017→Close out and netting
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''Be extra-specially warned: this is the untutored ramblings of a one who is not even a US attorney let alone an [[ERISA attorney]]'' | ''Be extra-specially warned: this is the untutored ramblings of a one who is not even a US attorney let alone an [[ERISA attorney]]'' | ||
====Close out | ====[[Close out]] ==== | ||
If there is more than a certain percentage of {{tag|ERISA}} plan money (or money from other non-{{tag|ERISA}} Government retirement plans with similar legislation) in a fund, it becomes itself subject to {{tag|ERISA}} regulations, particularly penal tax and investor protection provisions, ''and also provisions affecting the ordinary winding up of the fund and therefore [[netting]]''. | If there is more than a certain percentage of {{tag|ERISA}} plan money (or money from other non-{{tag|ERISA}} Government retirement plans with similar legislation) in a fund, it becomes itself subject to {{tag|ERISA}} regulations, particularly penal tax and investor protection provisions, ''and also provisions affecting the ordinary winding up of the fund and therefore [[netting]]''. | ||