Guest jhilliard Posted May 25, 2004 Posted May 25, 2004 I have a client interested in a single life DB plan. I am a DC kinda guy and don't have a lot of DB experience. Can anyone provide information on this product? I am trying to quantify what makes this possible, what could prohibit this type of plan, and generally any information I can gather. Any help would be appreciated! Jim
david rigby Posted May 25, 2004 Posted May 25, 2004 Not sure what is "the product", but I can offer a referral to an actuary who specializes in that, if that will be of help to you. 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.
Blinky the 3-eyed Fish Posted May 25, 2004 Posted May 25, 2004 The same mechanism that makes this possible applies in having a single life DC plan. You simply need to discuss the situation with a small plan actuary that you perceive to be credible. I have many clients like that if you want to go over specifics. (The last statement is meant to help, not solicit business.) "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
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