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  #31  
Old 11-06-2008, 10:32 AM
kjlimo kjlimo is offline
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LOL, I was just going off of which were 1 pointers according time someone else.

I should have filtered out questions I answered NOT A or B on.

Hopefully I wouldn't answer D on a T/F. HAH

I agree #9 should not be T/F.
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  #32  
Old 11-06-2008, 10:33 AM
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Quote:
Originally Posted by Hilly Nobleman View Post
i answered "D" for that one. so unless I was REALLY off...prob not T/F.
May have been the "true-false list" or "reason-assertion" type problem. I also answered D.
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  #33  
Old 11-06-2008, 10:38 AM
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May have been the "true-false list" or "reason-assertion" type problem. I also answered D.
ah, good call. i do remember tossing a D on one of those reason-assertion questions.
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  #34  
Old 11-06-2008, 11:01 AM
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I'd like to open a couple questions up for discussion:

1. Quarterly due date question - true or false?
2. Guy that was going to receive a lump sum on his annual accrued benefit of $3,900 (I think.)
3. Top Heavy question with lots of different people - do you remember what you got for the ending answer - the top heavy percentage?
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  #35  
Old 11-06-2008, 11:07 AM
kjlimo kjlimo is offline
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1. True, I didn't see any reason why it would be false.

2. I thought it was simply present value factor at third segment rate times the benefit discounted to his age.

3. I included the rollover amounts for some silly reason. I don' tknow if this is right or not. But employee contributions are included right? That's what made me think that the "unrelated rollovers" should be included.
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  #36  
Old 11-06-2008, 11:20 AM
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Quote:
Originally Posted by kjlimo View Post
1. True, I didn't see any reason why it would be false.

2. I thought it was simply present value factor at third segment rate times the benefit discounted to his age.

3. I included the rollover amounts for some silly reason. I don' tknow if this is right or not. But employee contributions are included right? That's what made me think that the "unrelated rollovers" should be included.
Agree, Agree, Disagree. The regs clearly state that rollovers within a controlled group go to the new employer, and rollovers to an unrelated employer stay with the old employer for these purposes.
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  #37  
Old 11-06-2008, 11:24 AM
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A agree with previous post - Agree, Agree, Disagree (for sure on that one).

The quarterly dates were correct, and I think they gave you information from 2008 that would imply that quarterlies were required. Not a terrible question, but question on quarterlies surprised me, since this is still in proposed regs and not supposed to be tested on this exam?
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  #38  
Old 11-06-2008, 11:25 AM
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Quote:
Originally Posted by Hilly Nobleman View Post
ah, good call. i do remember tossing a D on one of those reason-assertion questions.
I answered D even though at first I read that the reason had nothing to do with the assertion. IIRC, the assertion made no mention of Target Normal Cost or the Expected Increased in Funding Target (due to increased compensation)?
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  #39  
Old 11-06-2008, 11:25 AM
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I seem to remember 69.34% or something close to that for Top Heavy ratio. I remember thinking that they would have been TH based on my result.
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  #40  
Old 11-06-2008, 11:29 AM
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3 - I got 69.5% as my answer on this one. The rollovers were not included, the former top heavy guy was excluded.
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