Pension Lump Sums Much More Expensive in 2015

Over the past few years, many defined benefit (DB) plan sponsors considered lump sum payouts to their terminated vested participants as a way of “right-sizing” their plan. The ultimate goal is to reduce plan costs and risk. The IRS recently released the November 2014 417(e) rates, which will be the 2015 reference rates for many […]Read More… from Pension Lump Sums Much More Expensive in 2015