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Does anyone know of a good program that generates actuarial conversion


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Guest Ted H Munice
Posted

Does anyone know of a good program that generates actuarial conversion factors and annuity factors?

Posted

There's an american actuary in Japan that offers a free shareware program. I've used it a couple of times many years ago and it works. The interface is not very user friendly though. You will want to have a few known factors on hand and try to duplicate them as a way to figure out how the program works. Search on "Lohmann International Associates" and his site will come up.

Posted

Most pension actuaries have such programs, and the skill and experience to know how and when to apply them. Perhaps you should consider hiring an actuary.

If your need is very simple, IRS Reg. 1.72 contains certain tables that might be useful. Some of these can be found in Appendix E of IRS Publication 590

http://www.irs.gov/forms_pubs/pubs.html

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

We created our own using Lotus/Excel. It's really not that difficult to create the Nx's & Dx's if you have the q's. You may want to consider having an actuary do this for you if you don't have someone on staff who knows how to do it.

Posted

I would recommend contacting one of software houses such as Blaze,Datair,orASC to see if they'd sell you a stand alone rate generation module; what you really need to generate factors is a program (Fortran or even maybe Lotus Script); you can develop your own factors using a spreadsheet but it gets very cumbersome when you attempt,for example,to do J&S factors for all age combinations; within a program you can just "loop" through the ages - good luck !

Guest Doug Goelz
Posted

I have two versions of a stand alone program that I wrote and will send you if you e-mail me. Not to sound out of line, but both are much better than the one you can download from the gentleman in Japan. One is written in C and is a DOS-based program. The other is a Windows-based version written in Visual Basic.

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