david rigby

To be precise, "no less rapidly than" 7 years. For example, if the amount transferred to the replacement plan is (relatively) small, it's possible the allocation might be completed in only one year.

It's possible that what you need to do depends on your relationship to the plan and/or plan sponsor and/or plan administrator.

BTW, most actuaries who frequent these message boards already have a personal spreadsheet that does (at least approximately) these calculations. (No, you cannot have a copy of mine.) If you want to check your results, just post it for feedback.

Your best bet is to get legal advice. For example, you say (possibly) not yet signed. So if you think it should not be signed, get your opinion in front of the judge.

Does "voluntary contributions" mean "after-tax contributions"?

It should always be asked. It might not be provided or available. The PA, in consultation with the actuary, should decide how to deal/communicate in case the precise documentation is not available.

I received my AAA email (4 days late) and voted. Also received the (optional) confirmation email after submitting my vote.

Data as of October 31, 2018 (Wednesday) Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial Corporate Aaa NA 4.27 4.27 Aa 4.39 4.35 4.37 A 4.51 4.56 4.54 Baa 5.00 5.36 5.18 Avg 4.63 4.64 4.64 Moody's Daily Treasury Yield Averages Short-Term (3-5 yrs) 2.94 Medium-Term (5-10 yrs) 3.08 Long-Term (10+ yrs) 3.35

Thanks for the reminder. BTW, to date, I have NOT received my email with voting instructions. I've contacted the AAA office and am waiting for feedback. Is anyone else in a similar situation?

Well.... it's OK to share both Q and A. Others might learn something.

Pardon my ignorance, but what is meant by "... the first was referred..."?

Possibly, a collective bargaining agreement.

IMHO, zero days. A well-designed window will includes good communication, adequate time, and follow-up.

Whoa. Step back. Of course, the agent "wants to put insurance" in the plan. Might be good for the agent but not really useful (or efficient) for the plan/employer. I recommend consultation with the Enrolled Actuary (well, of course I do) to focus on (1) what is the goal of the plan, then (2) how to pay for it. The sequence is important. (You may be familiar with that old saying about a cart and a horse.) BTW, I'm not saying the proposed insurance is "bad" or "wrong", only that the sponsor must first determine what death benefit other than the minimum QPSA/QJSA, if any, will be provided by the plan. A death benefit can be provided via other mechanisms, so don't assume the plan is the best/only way without first considering the alternatives.

For future reference, whenever someone is "adamant", it might be useful to ask that person to provide his/her cite(s).

As implied above, the other issue is whether the sponsor wants to "discourage" loans by using a higher rate.

Duplicate post. Responses here: https://benefitslink.com/boards/index.php?/topic/63260-dc-contribution-made-to-db-account/

When you say "my plan..." and "can I amend...", wouldn't the answer depend on the meaning of those pronouns?

Also, take note of the eventual timing that leads to 27 paychecks in one calendar year.

At the risk of stating the obvious, if there is a plan provision than incorporates the QDRO requirements, then the ERISA election is (probably) not relevant.

This sounds correct for IRAs. Is it true for qualified plans?

Data as of September 28, 2018 (Friday) Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial Corporate Aaa NA 3.99 3.99 Aa 4.19 4.08 4.14 A 4.34 4.29 4.32 Baa 4.76 5.03 4.90 Avg 4.43 4.35 4.39 Moody's Daily Treasury Yield Averages Short-Term (3-5 yrs) 2.90 Medium-Term (5-10 yrs) 3.01 Long-Term (10+ yrs) 3.15

Possibly some other (more generic) state law?

https://benefitslink.com/cgi-bin/qa.cgi?db=qa_who_is_employer

Here is the Q&A column by Derrin Watson. https://benefitslink.com/cgi-bin/qa.cgi?db=qa_who_is_employer No.9 addresses this question. While it makes a cross-reference to No. 1, the latter has been removed.