Featured Jobs
|
Relationship Manager for Defined Benefits Daybright Financial
|
|
Compass
|
|
Retirement Plan Administration Consultant Blue Ridge Associates
|
|
Relationship Manager for Defined Contributions 2 Daybright Financial
|
|
Frank Pension Consultants, Ltd.
|
|
Compass
|
|
Retirement Plan Compliance Manager Conrad Siegel
|
|
Northwestern Wisconsin Associates, Inc. (NWA, Inc.)
|
|
ESOP Administration Consultant Blue Ridge Associates
|
Free Publications
|
|
|
FASB Changes to Market-Based Cash Balance Plan Accounting
October Three Consulting
[Guidance Overview] Jan. 29, 2026 "Projecting the growth of benefits based on one rate and discounting them based on another rate creates a wild fluctuation in the liability for those benefits ... The FASB Emerging Issues Task Force (EITF) recommended that benefits that meet the strict definition of a Market-Based Cash Balance plan should be valued by setting the discount rate to be equal to the assumed interest crediting rate. This simple-sounding fix effectively eliminates the issue and allows benefits to be valued at the account balance with appropriate adjustments for specific, and usually minor, benefit provisions[.]" MORE >> |
| 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). |