david rigby

I assume "projected earning assumption" refers to (something like) the FAS ROA rate, and/or the funding interest rate. They are similar, at least pre-PPA, but not necessarily identical. Although not clear, the orginal question may be asking for the difference between a FAS discount rate and a FAS ROA rate. The best place to start is the definitions in FAS87.

Is this the DOL "ruling" to which you refer? http://www.dol.gov/ebsa/regs/fab_2007-1.html

Some of us are old enough to find this question a bit silly. That is because we were in school when they still taught proper English grammar, parts of speech, parts of the sentence, and (horrors!) sentence diagramming. Of course, the answer is "an".

http://www.irs.gov/newsroom/article/0,,id=174873,00.html

Don't you have to return to basics, and ask how you "designed the classification"?

In case this phrasing is ambiguous to you, "push out" means "encourage to take a distribution".BTW, call the IRS at 1-800-TAXFORM and order a (free) copy of Publications 575 and 590.

I agree with Andy. However, I heard exactly the same story about TPF&C when I worked for Hewitt in the late 70's.

Note that that is a PBGC reg, not IRS.

Depends on how well the freeze amendment is written. Normally, "freeze" means no new entrants.

Earlier white paper from the economists at the Treasury Department.http://www.treasury.gov/offices/economic-p...urve_020705.pdf

Hold on now! This was issued by the IRS, not by "you EA's".

Did you just state that all Enrolled Actuaries are insane? (I'm not saying you're wrong, just asking.)

Mike's conjecture is a good one, and consistent with the goal of bringing the various interest and mortality bases in line: use the arithmetic average of the q's from the IRC430 table. But, we are dealing with the government here: common sense does not always rule.

.... but don't spend too much on legal fees, considering the amount at stake.

What is all the excitement? Baseball season ended about two weeks ago.

Not yet. Perhaps next week.

Today marks the 50th anniversary of both the original Sputnik and the premiere of "Leave it to Beaver". Coincidence?

You may find this interesting. http://qualifiedpensionconsulting.com/ppab...can-be-a-crime/

Data as of 28-SEP-07 Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial Corporate Aaa NA 5.76 5.76 Aa 6.12 5.94 6.03 A 6.22 6.26 6.24 Baa 6.45 6.73 6.59 Avg 6.26 6.17 6.22 Moody's Daily Treasury Yield Averages Short-Term (3-5 yrs) 4.08 Medium-Term (5-10 yrs) 4.44 Long-Term (10+ yrs) 4.84

I suggest careful review w/r/t participants with a zero accreud benefit. - If the plan is partially frozen (for example, frozen only to new entrants) then it does not get the free pass on top heavy minimums. - Some plans have a minimum benefit that applies only at NRD. Unless that has been amended away, it could apply to one of these zero participants.

While Mike's comment is (as usual) correct, the original post raises questions - what is the goal? - why favor NHCEs over HCEs? The design presented is not the most common. Is there something else going on here? Would the HCEs like to be able to defer larger amounts?

Make sure your attorney is well-versed in QDRO's. The postings on this Message Board may also be useful.

NO and NO. The IRS has consistently stated that the 10% excise tax is not waivable because it is statutory. Very likley they will impose interest and penalties for late filing (although maybe not if less than30 days late).

Do a search of these Message Board for "sham termination".

I've been separated from my copies of SAS70 and SAS73. Don't remember how I got them in the first place. Anyone have a link where I can get copies (free, of course).