The IRS Takes Aim at De-Risking of Defined Benefit Plans
Many defined benefit plan sponsors are looking for ways to reduce the on-going liability and the volatility of the annually required contributions to their defined benefit plans, which is sometimes referred to as “de-risking.” One de-risking strategy involves offering lump-sum payouts to retirees in pay status as a replacement of their annuity payments. This strategy […]
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2 min read
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Tagged: annuity payment, de-risking, defined benefit plans, IRS, lump-sum payment, Section 401(a)(9)
KH
Kevin Hogan
Former Associate