Jump to content

Recommended Posts

Posted

Does everyone bring the dollar amount of the bond out to the nearest 10% dollar, then?  I always wondered if the DOL looks and says, "Wow, a bond for $185,234...."

Posted

The DOL is aware that many have inflation guards so it really doesn't look that weird.

I do 10% rounded up.  $800,555 in assets become $80,056 in order to avoid my admin software warning that the bond is not 10% If I leave it at $80,055.

 

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use