Too Much or Not Enough: Issues with DB Plan Terminations

American Society of Enrolled Actuaries [ASEA]

Your client’s plan has surplus assets.  What choices are available for allocating this surplus and testing it?  What if there’s a shortfall instead?

Learning Objectives:

• Review the options available for handling surplus assets upon plan termination that don’t involve heavy excise taxes, a qualified replacement plan, or being sold to a sponsor of an underfunded plan.
• Review what amendments need to be in place prior to the termination date.
• Go over what may be done when the plan has a shortfall.

More Information, How to Register