View Full Version : Retrospective Deposit Method
12-04-2001, 03:46 PM
Can someone explain to me what the Retrospective Deposit Method is as part of SFAS 97?
12-04-2001, 05:01 PM
Think Universal Life. Retrospective deposit means you take the premium and dump it in an account. Credit interest. Withdraw charges (expenses and mortality). The balance is your reserve.
Are you dealing with a FAS 97 Investment Contract, by any chance?
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