◀ The Principal Blog

Posts from the ‘Defined Benefit’ category

Diminishing Return Expectations for Defined Benefit Sponsors



I began my actuarial career in the mid 1990s, a time when the only things larger than expected investment returns were eyeglasses and mobile phones. I can still recall developing spreadsheets based on the lofty return expectations of the era projecting that my rapidly compounding 401(k) would make…

Read more

IRS Sees Mortality Shadow: 12 More Months of Lump Sum Windows?



In the hamlet of Punxsutawney, PA — a mere 90 minute drive northeast of my current blogging location — thousands of revelers gather each February 2 to see whether or not a groundhog will be frightened of its own shadow. The climax of the proceedings occurs when the groundhog,…

Read more

Recent