Featured Jobs
|
DWC - The 401(k) Experts
|
|
Compass
|
|
PPS Pension Services
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
DWC - The 401(k) Experts
|
|
Compass
|
|
MAP Retirement
|
|
Frank Pension Consultants, Ltd.
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
What's Whipsaw? Why Is It a Problem? (PDF)
American Academy of Actuaries
Mar. 13, 2003 February 2003 Issue Brief. Excerpt: Employees, who generally think cash balance plans are like a 401(k), typically believe they should get their account balance in cash, and generally, that is what they get. However, if the employer is generous and specifies an investment return greater than the 30-year Treasury rate, some people claim employees should get more than their account balance. They determine the amount using the complex whipsaw calculation. MORE >> |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |