◀ The Principal Blog

Posts by Scott Ruba, Director – Defined Benefit Retirement Plans, the Principal Financial Group, Princor Registered Representative

So You’ve Frozen Your DB plan – Now What? (Part 3)

In my past few blogs, I’ve been discussing some of the strategies that Defined Benefit (DB) plan sponsors can consider in order to terminate their plan.  There are generally three steps a plan sponsor can take. Today, I’d like to discuss the second step – develop a funding strategy.…

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So You’ve Frozen Your DB Plan – Now What? (Part 2)

There are generally three steps to terminate a defined benefit (DB) plan.  Today, let’s take a look at the first step– evaluating the cost. Step 1– Evaluating the cost of terminating a DB plan The cost to terminate a DB plan is generally more than the cost to fully fund a hard frozen plan. …

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