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Board adopts qualified retirement separation plan to allow tax-advantaged payouts for eligible employees

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Camdenton R-III board on May 12 approved a qualified retirement separation plan to allow employees who receive separation incentives of $4,000 or more to direct those payments into a tax-advantaged plan for allowable post-employment uses.

The Camdenton R-III School District Board of Education on May 12 adopted a qualified retirement separation plan designed to let qualified employees receive district separation incentives into a tax-advantaged plan.

Under the resolution discussed at the meeting, employees who receive…

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