Description: This article is an interview of two fraud experts who talk about the feedback on retirement fraud they received from surveying record keepers.

Description: This article provides a basic introduction to the taxation of qualified annuities held in qualified retirement plans and IRAs. The article has been updated for the SECURE Act and the SECURE 2.0 Act. The article describes the basic types of employer-based plans, provides of overview of the taxation of contributions and benefits when annuities are held in connection with plans and IRAs, explains the required minimum distribution rules, and offers a brief introduction to recent legislation impacting qualified annuities.

Description: Summary of the annual cost-of-living adjustment and changes in other wage-indexed programs parameters for Social Security in 2024.

Description: Actuaries can be well suited to provide consulting to both DB and DC plans. We focus on DC design and the important nondiscrimination test requirements that need to be at the core of a plan design project. Plan design for DC plans seems easy, but should not be looked at any less seriously than DB plan design. The key steps are the same as DB plan design. We review key concepts that plan design actuaries want to know.

Description: Tom Terry, FSA, FCA, MAAA, EA, who founded Chicago Consulting Actuaries in 1991, is interviewed by Sam Phillips in this article. The discussion explores how and why Terry started his own business, the opportunities and risks involved, innovations his firm has come up with, and the future of pension consulting. The article includes advice for those interested in starting their own business.

Description: When building stress tests, modelers need to consider worst cases that are plausible. The most useful and robust scenarios begin qualitatively, with a narrative or story. Consistent quantitative relationships are then developed.

Description: This article highlights the activities of the SOA and its newest retirement issues report, 'The Phases of Retirement and Planning for the Unexpected.' It describes the three separate phases or stages of retirement.

Description: This article presents highlights from a Roundtable Discussion held at the 2008 Annual Conference of the National Academy of Social Insurance - NASI. Some issues discussed are the results of the SOA 2007 Survey on the Risks and Process of Retirement, the phases of retirement and the changes during retirement as a function of changing health and capability, age, changing family status and employment status.

Description: Read the chairperson's annual newsletter to learn more about the Retirement Section Council's (RSC) activities and new members of the leadership team, including the 2024 chairperson.

Description: This article describes several uses of pension surplus assets and makes a case for maintaining and growing a surplus.