GMP
May 30 2007, 01:38 PM
When calculating the ERISA Full Funding Limit in a plan that calculates the term cost as a cost of insurance (face amount * qx), do you typically include this cost as part of the FFL?
pax
May 30 2007, 10:11 PM
If the term cost is part of your AL and/or NC, then it becomes part of the full funding calculation.