If
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additional helpThe IRS has just issued new final regulations (attached) regarding the use of "deemed" IRA's within tax-qualified plans. The final regulations do not require separate trusts for the plan and the deemed IRA, as did the proposed regulations, but they do require a separate annuity contract would be required if a deemed individual retirement annuity is to be provided. However, the final regulations also provide that, if separate trusts are used, the failure of either the deemed IRA or the plan to satisfy their respective applicable qualification rules will not cause the other to be automatically disqualified.