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AJCA |
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Background: The AJCA enacted updated rules requiring material
advisors to file returns disclosing reportable transactions and to
maintain investor lists.
To properly address the impact of AJCA, most providers are tracking pre-
and post-AJCA account balances separately, have carefully crafted
communication materials to educate participants on the changes without
overwhelming them with information and have added creative plan
provisions to maximize the plan's value to participants under the
new regulations. The AJCA enacted provisions to protect taxpayers in this process. |
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