Defined benefit plan administration
As we draw closer to the time of year that defined benefit (DB) plans start sending out their annual funding notices (AFNs), we wanted to draw attention to SECURE 2.0 changes that will apply to single-employer DB plans beginning with the 2024 plan year AFNs sent out in 2025.
Milliman pension actuaries discuss why IBM and other companies are restoring defined benefit retirement programs.
With the U.S. Federal Reserve likely to start cutting interest rates in 2024, we discuss six ways defined benefit plan sponsors can prepare for the impact.
We explore three critical areas for the successful management of DB plan administration: data collection, regulatory compliance, and participant education.
Milliman employee benefit experts discuss the potential impact on veteran employees, the future of corporate DB plans, and the Act’s other implications for pensions.
Defined contribution retirement plans are a complex entanglement of many moving parts and players that can change at any moment.