Infrastructure Bill Includes Additional Pension Smoothing Relief

Nate WuthrichBlog

Last week saw the President signed an infrastructure bill into law.  Within that law was additional smoothing relief for defined benefit pension plans.  Earlier this year, ARPA changed the stabilization corridor used in establishing interest rates for minimum funding requirements.  The new law would further modify the corridors used, as shown in the tables below.  The corridor will expand now … Read More

SOA Releases Mortality Improvement Scale MP-2021

Nate WuthrichBlog

When the Society of Actuaries (SOA) released the RP-2014 mortality table in 2014, they included mortality improvement scale MP-2014.  The purpose of this scale is to reflect mortality improvement into the future, since one would expect future mortality rates to be lower with further advances in health and medicine. A practice was then started to update this improvement scale annually … Read More

Integral Episode 12: Advocating for You

Nate WuthrichBlog, Podcasts

Travis Smith and Heidi Andorfer (Retirement Consultant) discuss what Foster & Foster is doing every day to advocate for their clients and provide the best possible benefits.  Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Heidi Andorfer directly: Travis Smith:Phone: (630) 620-0200Email: [email protected] Heidi Andorfer:Phone: (630) 620-0200Email: [email protected]

Integral Episode 11: Prescription Drug Pain Points

Nate WuthrichBlog, Podcasts

Travis Smith and Kurt Baxley (Senior Consultant) talk about the state of prescription drugs and Baxley’s eventful interview with Foster & Foster. Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Kurt Baxley directly: Travis Smith:Phone: (630) 620-0200Email: [email protected] Kurt Baxley:Phone: (630) 620-0200Email: [email protected]

Integral Episode 10: Mr. Davidson Goes to Florida

Nate WuthrichBlog, Podcasts

Brad Heinrichs and Jonathan Davidson (Chief Legal Officer) chat about how they met, what drew Davidson to Foster & Foster, and debate if it’s better to get a beer with a group of actuaries or lawyers. Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Brad Heinrichs directly: Travis Smith:Phone: (630) 620-0200Email: [email protected]Read More

Integral Episode 9: Trustee Series with Jason Franken

Nate WuthrichBlog, Podcasts

Jason Franken (President/Principal Actuarial Consultant) answers questions related to retirement plans. Topics include: Funded ratios, negative amortization, and actuarial assumptions.  Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Jason Franken directly: Travis Smith:Phone: (630) 620-0200Email: [email protected] Jason Franken:Phone: (630) 620-0200Email: [email protected]

Integral Episode 8: Kevin Chesniak, Executive Director at LINECO

Nate WuthrichBlog, Podcasts

Travis Smith and Kevin Chesniak (Executive Director at LINECO) discuss the partnership between Foster & Foster and LINECO and the great work his members do every day. Kevin provides insights on his career and valuable leadership principles.  Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith directly: Travis Smith:Phone: (630) 620-0200Email: [email protected]

Integral Episode 7: Partner

Nate WuthrichBlog, Podcasts

Brad Heinrichs and Ferrell Jenne (Lead Plan Administrator) give advice to fellow female leaders, discuss her career, and her future as a partner with Foster & Foster. Also, Brad debates the pros and cons of vacations. Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Brad Heinrichs and Ferrell Jenne directly: Brad Heinrichs:Phone: (630) 620-0200Email: [email protected]Read More

Integral Episode 6: Trustee Series with Travis Smith

Nate WuthrichBlog, Podcasts

Travis Smith answers questions related to health and welfare plans. Topics include: Measuring health plans, finding the right vendor, and solving future challenges.  Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Jason Franken directly: Travis Smith:Phone: (630) 620-0200Email: [email protected] Jason Franken:Phone: (630) 620-0200Email: [email protected]

Integral Episode 5: Saving Pensions

Nate WuthrichBlog, Podcasts

Brad Heinrichs and Travis Smith talk over the state of pensions in 2021 and what needs to be done to keep them around. Subscribe today at: Apple Link:https://lnkd.in/ei8tsUqR Spotify Link:https://lnkd.in/ewjG_JUh Google Play Link:https://lnkd.in/eGfHMnuJ Reach out to Travis Smith and Brad Heinrichs directly: Travis Smith:Phone: (630) 620-0200Email: [email protected] Brad Heinrichs:Phone: (630) 620-0200Email: [email protected]