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Get Regulation 116824-98 - Notice And Opportunity For Hearing Upon Filing Of Notice Of Lien. Notice Of

Previously had been $6,000, but is presently $4,000, these proposed regulations would permit the plan to be amended to permit the present value of that participant s nonforfeitable accrued benefit to be distributed without consent (provided that the distribution would not fail to satisfy section 417(e)(1)). The complete removal of the lookback rule described in these proposed regulations would become effective 90 days after the publication of final regulations. Drafting Information Special A.

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