SOA Releases Public Plan Mortality Tables (Pub-2010)

Using the right mortality table for your retirement plan is very important. As mortality improves, people live longer and receive benefits for a longer period of time which increases the cost of your plan. In order to measure this cost and to fund your plan enough to pay future benefits, you need to choose an appropriate mortality assumption that reflects expectations. In this article, learn more about choosing the right tables for your plan.

DOL Issues Guidance on Lifetime Income Disclosure for Defined Contribution Plans

The guidance issued by the Department of Labor on lifetime income disclosures for defined contribution plans, is meant to provide participants with some idea of what their account balance would provide as a stream of income at retirement. In this article, learn more about what plan sponsors and participants should keep in mind when it comes to lifetime income disclosure rules.

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