Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Certain DB Plans May Need to Supplement Annual Funding Notice with Additional Information
Reid and Riege, P.C. [Guidance Overview] May 11, 2015
"The key test to determine whether an annual funding notice will require a HAFTA supplement revolves around whether a defined benefit plan's funding target (i.e., the value of plan benefits accrued during the plan year), determined using the newly adjusted interest rate, is less than 95% of the plan's funding target without taking the newly adjusted interest rate into account. If the quotient determined by dividing the funding target using the HAFTA rates by the funding target using the non-HAFTA rates is at least 95%, no supplement to the annual funding notice is required."
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