RT Journal Article
SR Electronic
T1 Plan Termination: <em>Should I File an IRS Determination Letter Request?</em>
JF The Journal of Investing
FD Institutional Investor Journals
SP 33
OP 37
DO 10.3905/joi.2018.27.supplement.033
VO 27
IS supplement
A1 David Geloran
A1 Jonathan E. Flitter
YR 2018
UL https://pm-research.com/content/27/supplement/33.abstract
AB For sponsors of defined benefit (“DB”) plans considering plan termination, analysis of the pros and cons of filing an Application for Determination Upon Termination with the IRS should encompass the financial and legal implications, including tradeoffs related to “legal certainty,” in particular. Such tradeoffs are the result of the IRS’s Favorable Determination on such an Application against potential, intervening financial risks related to fluctuations in credit/fixed income markets, as well as market performance of a DB plan’s underlying assets.TOPICS: Pension funds, legal/regulatory/public policy, risk management