Summary Plan Description


Definition of "Summary plan description"

Tom & Robin  Tyson (The Tyson Team) real estate agent
Tom & Robin Tyson (The Tyson Team), Real Estate Agent EXIT Real Estate Gallery

Layman description of the key features and benefits of a pension plan that must be filed with the Department of Labor. Periodic updates of this summary must also be provided to the Department of Labor as well as the employees to reflect any substantial changes in the plan or regulatory laws.

 

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