Defined Benefit Answer Book

By G. Neff McGhie III

Book Overview

Defined Benefit Answer Book, Third Edition explains the critical actuarial, administrative, and compliance facets of defined benefit arrangements. The author covers a full range of concerns, including: Satisfying nondiscrimination and benefits structure Reporting and disclosure to employees Understanding actuarial techniques for asset liability and funding methods Deductibility QDRO design and administration Relevant legislation, including GATT, SBJPA, And The TRA Funding standards Asset and liability valuation methods the author draws on his hands-on experience to gather all the information you need and organizes it in a useful question-and-answer format, grouped by topic. There are frequent examples, charts, and sample calculations providing visual reinforcement of the step-by-step procedures. Also, The Third Edition includes a Special Supplement entitled Legislative Update: Impact of the Pension Protection Act of 2006 on Defined Benefit Pension Plans . This useful reference summarizes the relevant provisions of the PPA for defined benefit plans: Provisions effective upon enactment of PPA, including those relating to Section 415 limits, PBGC terminations, and cash balance plans Provisions effective in 2007, including updates to PBGC premiums, in-service distributions, and simplified reporting requirements Provisions effective in 2008, including a detailed description of the single-funding requirement applicable to all defined benefit plans beginning with the 2008 plan year Provisions effective in 2010, including EGTRRA permanency And The creation of a defined benefit plan with a 401(k) feature

• Format: Hardcover
• Language: English
• ISBN: 0735532109
• ISBN13: 9780735532106
• Release Date: January 2002
• Publisher: Aspen Publishers
• Length: 1 Pages
• Weight: 4.55 lbs.
• Dimensions: 2.4" x 7.6" x 9.8"