Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Cost of De-Risking Has Gone Up
October Three Consulting Feb. 24, 2020 "[If] a 50 year-old individual with a $1,000 benefit had been paid out in 2019, the cost would have been $6,671; in 2020 the cost would be $8,948. Most of the savings from de-risking this participant come from reduced PBGC premiums -- an (assumed) present value of $2,002 in PBGC flat-rate premiums and $2,676 in PBGC variable-rate premiums " |
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