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Full Version: Does the DOL agree that adopting a "safe harbor" interest ra
BenefitsLink Message Boards > Retirement Plans > Defined Benefit Plans, Including Cash Balance
JDuns
Has the DOL agreed that a plan adopting one of the interest rates specified by the IRS in Notice 96-8 can avoid making the whip-saw calculation?

If the Treasury stops issuing 30 year t-bills (as a colleague tells me they have been threatening for years - note that the recently stopped issuing 1-year t-bills), do you think that all of the "safe-harbor" rates (that the IRS established to approximate the 30-year t-bill rate) would need to be revisited?
Gary
I don't know, but I personally can't see concerning myself over that until it happens.
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