Guest GMP Posted May 30, 2007 Posted May 30, 2007 When calculating the ERISA Full Funding Limit in a plan that calculates the term cost as a cost of insurance (face amount * qx), do you typically include this cost as part of the FFL?
david rigby Posted May 31, 2007 Posted May 31, 2007 If the term cost is part of your AL and/or NC, then it becomes part of the full funding calculation. 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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