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Post PPA, what interest rate should be used to project an employee contribution account to NRD to determine the benefit attributable to the ee contributions?

  • 5 months later...
Posted

Has anyone dealt with this year?

It would appear that we are substituting the new 417(e) basis for interest and mortality.

In the process of taking an EE contrib. amount with interest, we must project to NRD using 417(e) interest rates.

We then need to convert that amount to an annuity. Do you suppose we would "fresh start" the segment rates at that point, or base the conversion on a deferred annuity factor from date of determination (i.e., the lenght of time from DOD to NRD, would determine how far out on the segment rates to start?

Thoughts? Thanks.

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