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Article

Dorsey & Whitney LLP | USA | 8 Mar 2010

New regulations reaffirm plan assets should be deposited as soon as reasonably possible but provide some relief for small plans

The Department of Labor ("DOL") issued new regulations on January 14, 2010 (75 Fed. Reg. 2068) confirming earlier regulations and guidance that plan assets should be contributed to an employee benefit plan on the earliest date the amounts can reasonably be separated from the employer’s general assets.

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