Blog

On January 5, 2025, the Social Security Fairness Act of 2023 (the “Act”) was signed into law, eliminating the Public Sector pension penalty that reduced the Social Security benefits of Public Sector...

FORT MYERS, FL — Foster & Foster Consulting Actuaries, Inc., a premier actuarial and health and welfareconsulting firm based in Fort Myers, Florida which currently works with over 1,300...

On October 20, 2023, the IRS published final regulations under Section 430(h) of the Code regarding the mortality tables to be used by most qualified defined benefit plans for valuation dates on or...

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...

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...

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...

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:...

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...

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...

Jason Franken (President/Principal Actuarial Consultant) answers questions related to retirement plans. Topics include: Funded ratios, negative amortization, and actuarial assumptions.  Subscribe...