AimPoint Pension
|
Bates & Company, Inc.
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Calculating Normal Cost -- Which Segment Rate to Use?
BenefitsLink Message Boards Sept. 30, 2021 "I'm wanting to make sure we are using the correct segment rate for the calculation of the Normal Cost. The calculation should be: Contribution Credit <multiplied by> the Assumed Interest Rate (to the power of the number of years until retirement) <divided by> Segment Rate (to the power of the number of years until retirement) For the segment rate being used, it should be:
Thanks in advance for confirming!" |
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). |