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Employee Benefits > Prohibited Transaction


Prohibited Transaction
Prohibited Transaction
Prohibited Transaction
Prohibited Transaction
Prohibited Transaction

The following information is about Prohibited Transaction.

Prohibited Transaction Defined

Under both the Internal Revenue Code and ERISA, certain enumerated transactions, direct or indirect, between any plan and certain enumerated parties. The definitions of the transactions and relationships are pervasive and include residual categories for any direct or indirect benefit to the related party from the use of a plan’s assets.

This definition is in context to Employee Benefits. See more contextual defintions for Prohibited Transaction.


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