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Safe Harbor Rule

   Also found in: Medical 0.01 sec.
Safe Harbor Rule
An IRS rule protecting taxpayers from losing favorable tax treatment as long as their actions are taken in good faith.


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Questions to ask are whether the conduct conforms with FDA safe harbor rules.
Introductory chapters describe current developments, safe harbor rules, and auditor involvement.
Should plan sponsors desire to continue using cashouts for amounts between $1,000 and $5,000, they may wish to review and comply with recently issued fiduciary safe harbor rules.
 
 
 
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