IRS Updates Mortality Basis for Funding and Lump Sum Calculations

On April 28, 2022, the IRS released proposed regulations on the mortality tables used to determine present value for minimum funding purposes. The proposed regulation is an update to the current ...
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Infrastructure Bill Includes Additional Pension Smoothing Relief

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 ...
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SOA Releases Mortality Improvement Scale MP-2021

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 ...
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Integral Episode 12: Advocating for You

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: ...
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Integral Episode 11: Prescription Drug Pain Points

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:/. ...
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Integral Episode 10: Mr. Davidson Goes to Florida

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 ...
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Integral Episode 9: Trustee Series with Jason Franken

Jason Franken (President/Principal Actuarial Consultant) answers questions related to retirement plans. Topics include: Funded ratios, negative amortization, and actuarial assumptions.  Subscribe ...
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Integral Episode 8: Kevin Chesniak, Executive Director at LINECO

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 ...
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Integral Episode 7: Partner

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 ...
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Integral Episode 6: Trustee Series with Travis Smith

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 ...
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