New SOA Mortality Tables for Private Sector Retirement Plans

AdminBlog, Retirement

Last month (May 2019), the Society of Actuaries (SOA) released an exposure draft of the Pri-2012 Mortality Tables for private-sector retirement plans. These new tables are based on data collected for 2010 – 2014, with a central year of 2012. The Pri-2012 tables update the RP-2006 tables (the mortality table basis for the RP-2014 Mortality Tables that are currently in … Read More

U.S. House Passes Retirement Legislation

AdminBlog, Retirement

On May 23, the U.S. House of Representatives passed a bill that would directly impact retirement benefits across the nation. The bill, entitled the Setting Every Community Up for Retirement Enhancement Act (SECURE Act; HR 1994), would make changes to both employer-sponsored retirement plans and individual retirement accounts, most notably: Expand the ability of employers to partner together to offer … Read More