Tax Considerations Diversification (continued) Qualified Participant
{"Image DocumentName": "Tax Considerations Diversification (continued) Qualified Participant", "Image ImageDescription": "Age 55 and 10 years of participation in the ESOP. Definition of Years of Participation can be elusive. Does it include years after termination of employment or just years which eligible for contribution? Absent specific definition in plan, most conservative approach is to count service while an inactive participant. Recent request for technical assistance issued by the IRS National office to the ESOP Cadre indicates that unless the plan contains an acceptable definition, a year of participation includes all years (or parts thereof) in which the participant had an account balance.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}