2008 Change in ACM due to Takeover of plan

[mwyatt]

We have recently taken over a small plan, with our first valuation covering the 2008 calendar year. I have replicated the prior actuary's work for the 2007 plan year in accordance with Section 4.03 of IR Rev. Proc. 2000-40.

However, in one sense the whole concept of funding methods somewhat goes away w/ the new PPA funding rules (which I guess is really a change for everyone). I'm going to continue calculating a recommended contribution using the prior ACM (Individual Aggregate) as a guide for the client. That cost comes out between the PPA min and max numbers.

My question is does 2000-40 go away in this instance, since we're all changing to the PPA funding method for minimum funding?

[david rigby]

http://benefitslink.com/boards/index.php?showtopic=37851

[mwyatt]

Thanks for the link David.