Maximum lump sum payable to principals

[Dennis Povloski]

I know that somewhere there was a notice or ruling to the effect that when determining the maximum lump sum at the 415 limit for principals, instead of using GATT interest, you can't use anything less than 5.5% interest or the plan's AE rates or something like that. I'm trying to look it up, but can't seem to find it. Can anyone provide a cite where I can dig up more info?

Thanks!

Dennis

[Blinky the 3-eyed Fish]

The Pension Funding Equity Act made that change to the code. Notice 2004-78 will help explain.