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| Plan
Qualification and Implementation |
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| Before you implement
a new or amended retirement plan, the plan must be submitted to the
Department of Labor (DOL) and the Internal Revenue Service (IRS) for
approval (qualification) to assure tax benefits. TPA Services, Inc.
will handle the complete submission of the plan including the preparation
of plan documents, completion of regional plan prototypes, or amendments.
The qualification process is necessary to make the plan and trust
operative as well as guarantee initial plan approval under the appropriate
IRS Code Sections. During plan qualification and implementation the
following occurs: |
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 Submittal
of a regional plan prototype to your organization's legal
and
tax advisors for approval and resolution of plan adoption; |
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Preparation
of IRS qualification and Department of Labor approval
documents
(Form 5300 Series, Form 5302, Form 2848, Form SS-4); |
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Consultation
as necessary with the Internal Revenue Service or
the
Department of Labor; |
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Preparation
of a Summary Plan Description of major plan provisions
for
employee distribution. |
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8301 E. Prentice Ave.,
Suite 408 · Greenwood Village, CO 80111
Phone: 303.693.4650Fax:
303.693.4910 |
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