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Posted

Just twiddling thumbs until tonight's World Series game and was wondering if anyone has witnessed a participant electing an optional Joint & 75% payment form that was added to protect him? I have not.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

Posted

nope

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.

Posted

Just because I was doing the valuation anyway I decided to look at one of my plans with AFTAP < 80% and restricted lump sums. Of the 7 bifrucated benefits elected last year I have 3 J&100, 3 J& 75, 1 Life only.

Nice game by the Cards last night, although it wasn't exactly baseball weather.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

Posted
Just because I was doing the valuation anyway I decided to look at one of my plans with AFTAP < 80% and restricted lump sums. Of the 7 bifrucated benefits elected last year I have 3 J&100, 3 J& 75, 1 Life only.

Nice game by the Cards last night, although it wasn't exactly baseball weather.

Was the J & 75 always an option or added as a result of PPA?

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

Posted

Added by PPA.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

Posted

Thank you !

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

  • 2 weeks later...
Posted
Just because I was doing the valuation anyway I decided to look at one of my plans with AFTAP < 80% and restricted lump sums. Of the 7 bifrucated benefits elected last year I have 3 J&100, 3 J& 75, 1 Life only.

Nice game by the Cards last night, although it wasn't exactly baseball weather.

Was the J & 75 always an option or added as a result of PPA?

The concept of QJ&S has always allowed 50% to 100%. But PPA made it mandatory to allow two options.

Enjoyed the games as well. G6 was a wild ride, and one of the most entertaining games ever.

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