ubermax Posted March 11, 2015 Posted March 11, 2015 Apparently each segment rate used in the calculation can be an average over certain lookback months immediately preceding the stability period ; and if the plan had been amended to adopt this new methodology , then for a year following the amendment lump sums are determined using pre-amendment methodology , if greater. Could someone provide a cite(s) supporting this ? Thanks , in advance to those who respond !!!
david rigby Posted March 11, 2015 Posted March 11, 2015 Reg. 1.417(e)-1(d)(10)(ii). 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.
ubermax Posted March 11, 2015 Author Posted March 11, 2015 Thanks David , I looked at those Notices back in '07 , -67 & -81 to no avail & thought there was a more recent one , didn't think about the Reg. itself . Thanks again !!!
ubermax Posted March 11, 2015 Author Posted March 11, 2015 and 1.417(e)-1(d)(4)(iv) for the averaging part .
david rigby Posted March 11, 2015 Posted March 11, 2015 I wonder if there is a market for teaching people how to do research. <sigh> 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.
Effen Posted March 11, 2015 Posted March 11, 2015 I guess with a name like "ubermax" you can't just shut it down, even when on vaca 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.
ubermax Posted March 11, 2015 Author Posted March 11, 2015 yeah , in the blood , pathetic !!! hey it's a hot topic now !!
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