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DOL Issues Interim Final Rule on Lifetime Income Disclosures for Defined Contribution Plans
Bradley Link to more items from this source
[Guidance Overview]
Aug. 21, 2020

"[R]etirement plans would be required to provide lifetime income illustrations using several prescribed assumptions, which generally include an assumed retirement age (67), use of the 10-year constant maturity Treasury rate (10-year CMT), and use of the gender neutral mortality table used to determine lump sum cash-outs from defined benefit plans."

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