Tag: defined benefit plans

Plan Sponsors Using PBGC Lump-Sum Assumptions May See Changes

The agency has issued proposed rules on Benefits Payable in Terminated Single-Employer Plans and Allocation of Assets in Single-Employer Plans, as well as the assumptions PBGC uses to determine de minimis lump sum benefits in PBGC-trusteed terminated single-employer defined benefit (DB) pension plans.

Pension Deductions Creates Online DB Calculator

The company believes the new tool will reduce wait time for advisers, who will usually contact actuaries to estimate defined benefit (DB) plan contribution requests when clients explore the possibility of setting up a plan for their business.