Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Jane White Comment Letter to DOL on Proposals for Lifetime Income Illustrations in Pension Benefit Statements (PDF)
Jane White for Retirement Solutions, LLC Link to more items from this source
[Opinion]
Aug. 3, 2013
"The communication must take into account assets in participants' rollover accounts and at previous employers, not just the balance at the current employer.... The projected income stream should be based on the assumption of a long lifespan and modest investment returns; otherwise the projections could be overly optimistic.... [T]he projection should deduct estimated taxes that will be owed when people take distributions.... [T]he vast majority of participants would benefit from software that not only takes the 'big picture' of all of their retirement savings but advises them on how much to save to achieve retirement security based on their current savings and how many years until they are scheduled to retire."

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).
© 2024 BenefitsLink.com, Inc.