HCE Restricted Distributions

[Serena]

Thanks BBM! That was very helpful!

[Serena]

Client decided to make an additional contribution in order to get to 110% and pay the HCE.

Opting to change to the new stabilized rates should help that calculation immensely.

Any guesses on when Treasury will unveil their master data plan?

[BadBeatMe]

Originally Posted by Serena

Client decided to make an additional contribution in order to get to 110% and pay the HCE.

Opting to change to the new stabilized rates should help that calculation immensely.

Any guesses on when Treasury will unveil their master data plan?

Interesting, I never thought about this impacting high-25 lump sums.

Keep in mind that it's not mandatory to use a PPA liability for this calculation. You could technically do it any reasonable way you like. That being said, I think the PPA basis is the most conservative and reasonable method so I agree with how you're thinking of it.

I haven't heard anything about when we'll get guidance on rates but it has to be pretty soon. It's already July and they're having us redo 2012 AFTAPs (unless the sponsor declines)!