Independent Actuaries Blog

DB Plans – Close vs. Freeze vs. Termination

In a recent blog we discussed concerns that defined benefit (DB) plan sponsors may have in the face of the COVID-19 outbreak. One of those concerns regards near-term contribution requirements that may be overly burdensome when coupled with severely reduced … Continue reading

CARES Act – Defined Benefit Plans

The Coronavirus Aid, Relief and Economic Security (CARES) Act passed the House of Representatives today and is expected to be signed by the President shortly. The CARES Act includes pension relief provisions that have an immediate effect on defined benefit … Continue reading

Hold Off Taking that RMD!

Participants in retirement plans are generally required to take Required Minimum Distributions (RMDs) beginning with the year in which they turn age 70½ (if that year was before 2020), or the year in which they turn age 72 (if that … Continue reading

You Get What You Pay For

We are not alone at IAI in having competitors who undercut us in price; it comes with being a part of a well-functioning democracy. One particular challenge we face, though, is a general misunderstanding of what it is we do, … Continue reading

Defined Benefit Plans Can Get Sick, Too

As has been well-publicized, the Coronavirus (along with other factors) has resulted in a steep financial market plunge this week. As of the day I’m writing this, the S&P 500 is down nearly 24% since the beginning of 2020, with … Continue reading

Congress Passes Retirement Legislation

Yesterday (December 19), Congress passed a spending bill containing sweeping retirement plan legislation, designed to allow and encourage Americans to save more. The portion of the legislation pertaining to retirement is called the Setting Every Community Up for Retirement Enhancement … Continue reading

Required Minimum Distribution Time

A reminder that Required Minimum Distributions (RMDs) are payable for anyone over the age of 70-1/2. These rules can be complicated. For money held in an IRA, 401(k) or Profit Sharing Plan, the amount of the distribution is based on … Continue reading

Are Retirement Index Funds Breaking the Market?

The fact that the largest market index funds hold a significant competitive advantage over smaller funds is undisputed. As fund management companies increases in size, the cost to manage their funds become a lesser percentage of the fund size, and … Continue reading

2020 Retirement Plan Limits

The IRS has announced the new retirement plan limits for 2020. Most limits increased from 2019 to 2020, and some stayed flat. Highlights include: The compensation limit used in determining benefits and contributions for both defined benefit and defined contribution … Continue reading

Special Presentation!

IAI is hosting two special events in one afternoon at a local Portland brewery on Thursday, November 7th! Sara Ark and Kristy Bartle will be presenting Crafting the Perfect Retirement; Bringing Science to the Art of the Problem. This is … Continue reading