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Lack of Guidance May Extend Window for Lump-Sum Distributions
Milliman Retirement Town Hall 
Mar. 23, 2016 "Until recently, many plan sponsors and their advisers have been anticipating that these new mortality tables would be required for plans in 2017. The tables are expected to incorporate longer life expectancies and thus make it more expensive for sponsors to offer lump-sum payouts to participants. A delay in the required use of the tables could affect a sponsor's decision on whether to offer a lump-sum window -- a temporary opportunity to take benefits in that form -- in 2016." MORE >> |
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