Guest Kline28 Posted April 22, 2003 Posted April 22, 2003 I have a plan that is going to freeze accruals this year. They are currently using aggregate as their funding method, and we will change to unit credit once it's frozen. Since their assets, like everyone else's, tanked, they also want to go to a five-year smoothing method. Can I do both this year since both changes have automatic approvals?
Blinky the 3-eyed Fish Posted April 22, 2003 Posted April 22, 2003 Yes. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
david rigby Posted April 22, 2003 Posted April 22, 2003 Correct. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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