Jump to content

Recommended Posts

Guest TedMunice
Posted

A company has a profit sharing plan that has annuities as a distribution option. In the past they have bought an annuity from an insurance company when a participant wants an annuity. They are thinking of offering a rollover to their DB plan and paying the annuity from there based on the DB plan's lump sum factors. This would be totally at the option of the participant.

Has anybody seen this done? What issues should they be considering before allowing this

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use