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509 a 7 of the Income Tax Regulations. It is not the practice of the Service to announce such revised classification of foundation status in the Internal Revenue Bulletin. Timing of Certain Plan Amendments Relating to Section 401 a 9 Announcement 97 24 PURPOSE This announcement provides that an employer is not precluded from offering to employees other than 5-percent owners who attain age 70 after 1995 and have not retired an option to defer comm...
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