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Search took 0.09 seconds. Search: Posts Made By: foejuice
Forum: Pension - Social Security 02-15-2013, 01:15 PM
Replies: 256
Views: 16,003
Posted By foejuice
The judge in the Campbell's post above was named...

The judge in the Campbell's post above was named Judge Meredith Jury. It wasn't a completely random thought.
Forum: Pension - Social Security 02-14-2013, 05:33 PM
Replies: 256
Views: 16,003
Posted By foejuice
I think Judge Jury should marry someone who's...

I think Judge Jury should marry someone who's last name is Executioner and hyphenate: How awesome would it be Judge Jury-Executioner?!
Forum: Pension - Social Security 02-14-2013, 05:03 PM
Replies: 6
Views: 670
Posted By foejuice
Remember only a substantial owner can "elect to...

Remember only a substantial owner can "elect to limit" a distribution (we never say "waive"), not simply HCEs. Make sure to check the attribution rules. Also, correct me if I'm wrong, the...
Forum: Pension - Social Security 02-07-2013, 11:15 AM
Replies: 256
Views: 16,003
Posted By foejuice
Illinois

Yahoo article today.
http://news.yahoo.com/illinois-governor-bear-grim-news-over-pension-crisis-204320138.html
This is my favorite part:

"The legislature will discuss this week proposed laws...
Forum: Pension - Social Security 02-05-2013, 11:16 AM
Replies: 3
Views: 384
Posted By foejuice
I agree w/ Duffer. Good news is the additional...

I agree w/ Duffer. Good news is the additional to meet gateway is subject to vesting schedule.
Forum: Pension - Social Security 01-31-2013, 02:11 PM
Replies: 3
Views: 724
Posted By foejuice
Give him a wife?

Give him a wife?
Forum: Pension - Social Security 01-18-2013, 11:35 AM
Replies: 4
Views: 783
Posted By foejuice
Change in Method for MAP-21?

Is the use of MAP-21 rates considered a change in method in regards to reporting on Schedule SB line 25? Technically it's a change in the discounting rates, however it is a regulatory change that...
Forum: Pension - Social Security 11-28-2012, 10:50 AM
Replies: 585
Views: 56,094
Posted By foejuice
I believe they're using the CWS Mortality table...

I believe they're using the CWS Mortality table (Civil War Soldier)
Forum: Pension - Social Security 11-21-2012, 03:09 PM
Replies: 8
Views: 952
Posted By foejuice
You could also use 1/4 of prior year's MRC (since...

You could also use 1/4 of prior year's MRC (since you don't know 90% of current MRC), and that would be guaranteed to cover the quarterly payments. That's a suggestion for going forward. I don't...
Forum: Pension - Social Security 10-22-2012, 11:52 AM
Replies: 6
Views: 917
Posted By foejuice
It's likely the 415 compensation limit. The...

It's likely the 415 compensation limit. The overall pay before the deferral has to allow for FICA taxes before deferral. So divide $22,500 (limit + catch up) by .9335 to get $24,102. That seems...
Forum: EA Exams 10-22-2012, 11:39 AM
Replies: 42
Views: 5,679
Posted By foejuice
Not yet. Maybe they're waiting for a single...

Not yet. Maybe they're waiting for a single printing run?
Forum: Pension - Social Security 10-12-2012, 02:16 PM
Replies: 10
Views: 1,572
Posted By foejuice
My coffee creamer showed a 20% increase from...

My coffee creamer showed a 20% increase from $2.49 to $2.99 (and i drink a LOT of coffee). That should show up in the index as well :rimshot:
Forum: EA Exams 10-12-2012, 01:27 PM
Replies: 42
Views: 5,679
Posted By foejuice
Congratulations!

Congratulations!
Forum: Pension - Social Security 10-11-2012, 03:12 PM
Replies: 10
Views: 1,572
Posted By foejuice
You're a better Googler than I!

You're a better Googler than I!
Forum: Pension - Social Security 10-11-2012, 02:24 PM
Replies: 10
Views: 1,572
Posted By foejuice
Any idea when the COLA will be announced?

If memory serves it's usually done during October. I've seen predictions in the 1.3-1.5% range. Any news?
Forum: Pension - Social Security 10-04-2012, 01:04 PM
Replies: 1
Views: 737
Posted By foejuice
Adjustment for change in NRA

I have a plan that had NRA of 55 before PPA required NRA to be changed to 62. The plan AE is 7% pre-retirement, 5% post-retirement. Does anyone know of any guidance or published opinions that would...
Forum: EA Exams 09-18-2012, 12:41 PM
Replies: 42
Views: 5,679
Posted By foejuice
Got my approval letter yesterday!

Got my approval letter yesterday!
Forum: EA Exams 09-13-2012, 04:46 PM
Replies: 42
Views: 5,679
Posted By foejuice
I got a phone call at work this morning letting...

I got a phone call at work this morning letting me know my application was approved. I've been smiling all day! She said the approval letter will be out asap with the certificate out in a few weeks.
Forum: Pension - Social Security 09-07-2012, 12:44 PM
Replies: 25
Views: 3,540
Posted By foejuice
Isn't this slightly like California's proposed SB...

Isn't this slightly like California's proposed SB 1234? Even if I was "guaranteed" a low rate of return, I would not want CalPERS in charge of the money taken out of my paycheck.

Personally, if...
Forum: EA Exams 09-06-2012, 02:08 PM
Replies: 3
Views: 530
Posted By foejuice
There's a box that would need to be checked on...

There's a box that would need to be checked on Sched SB. I know it's line 25 on the 2011 form. Then check the instructions regarding the required attachments.
Forum: Pension - Social Security 08-31-2012, 12:07 PM
Replies: 585
Views: 56,094
Posted By foejuice
40-60 billion (over 30 yrs?) is a start, but...

40-60 billion (over 30 yrs?) is a start, but considering this source:...
Forum: EA Exams 08-30-2012, 01:16 PM
Replies: 2
Views: 565
Posted By foejuice
For test purposes I remembered it this way: use...

For test purposes I remembered it this way: use EIR within the plan year calculations, but use AROR going from one plan year to the next.
Forum: Pension - Social Security 08-29-2012, 12:34 PM
Replies: 585
Views: 56,094
Posted By foejuice
The union workers aren't half as pissed off now...

The union workers aren't half as pissed off now as they would be if the whole pension system goes belly up. Is CalPERS covered by PBGC?
Forum: Pension - Social Security 08-27-2012, 02:08 PM
Replies: 5
Views: 1,026
Posted By foejuice
401(k) investment "Leakage"

http://smarthr.blogs.thompson.com/2012/08/24/fears-of-increased-leakage-drive-efforts-to-insure-toughen-retirement-plan-borrowing/

"Among the steps being proposed to address this drain on...
Forum: Pension - Social Security 08-22-2012, 02:39 PM
Replies: 63
Views: 10,431
Posted By foejuice
Notice 2012-55 describes the development of...

Notice 2012-55 describes the development of equivalent rates, but it doesn't state what those rates are. It also states that there will possible be a change in methodology for future years.

I...
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