Independent Actuaries Blog Month: October 2017
IRS Announces Retirement Plan Limits for 2018
The IRS has announced the new retirement plan limits for 2018. Some limits increased from 2017 to 2018, and some stayed flat. Highlights include: The compensation limit used to determine benefits and contributions for both defined benefit and defined contribution … Continue reading
What Does a Pension Actuary Do Anyway?
When I’m asked what I do for a living, I tell people I’m a pension actuary. I explain that I work on defined benefit pension plans for employers, calculating the employers’ contribution obligations and calculating benefits for plan participants. I … Continue reading
