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Retirement Planning
Chapter 7: Plan Installation & Administration/PROHIBITED TRANSACTIONS (2 OF 3)
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Chapter 7: Plan Installation & Administration

PROHIBITED TRANSACTIONS (2 OF 3)

01.Core Concepts

Prohibited Transactions • Transfer of plan income or assets to, or use of them by or for the benefit of a disqualified person • Self-dealing by a fiduciary • Receipt of consideration by a fiduciary for their own account when dealing with a party in interest • Selling, exchanging, leasing, buying as well as lending or borrowing between a disqualified person and the plan