Five New IRS Private Letter Rulings Confirm IRS’s Position Allowing Retiree Cashouts
By EsqSocial Corporation 06/08/14
We reported in 2012 on two private letter rulings (“PLRs”) issued by the IRS (PLR 201228045 and PLR 201228051) blessing certain retiree cashout programs. A retiree cashout program is a de-risking strategy used by defined benefit pension plan sponsors...
By: King & Spalding