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Roadblock Removed Allowing for Retiree Lump Sums

Roadblock Removed Allowing for Retiree Lump Sums

      The IRS has given plan sponsors the green light to move forward with offering lump sums to defined benefit plan retirees or other participants who are “in pay status”, receiving monthly checks. Or perhaps it’s more accurate to say that they’ve...

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Next Steps After an Annuity Purchase

Next Steps After an Annuity Purchase

You’ve just completed an annuity purchase for your pension plan; so what’s next for the plan? Now is a good time to build a strategy for your plan which will differ depending on your funded status.

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Mortality: Back to Where We Started

Mortality: Back to Where We Started

Second only to the discount rate, the mortality assumption is the biggest driver of the pension liability on plans sponsors’ balance sheets. New mortality tables issued in 2014…

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Is Your Defined Benefit Plan Ready for Termination?

Is Your Defined Benefit Plan Ready for Termination?

Part 1 of a 5 part series looking at the challenge facing plan sponsors; when and the how will plan termination occur, and how do you prepare for it. In other words: what do frozen plan sponsors need to do to make “the End” a good one?

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