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Assets in a retirement plan are all the investments, cash, and holdings that make up the plan’s total value. These assets are managed by the plan sponsor or investment managers …
What Are Assets (in Retirement Plans)? – Simple and Easy Explanation Read More
EBNR refers to insurance premiums that are expected to be earned but haven’t been fully reported or finalized yet. In insurance, timing matters a lot. Premiums, claims, and contracts don’t …
What Is EBNR (Earned But Not Reported)? – Simple and Easy Explanation Read More
Earthquake insurance helps protect your property from damage caused by earthquakes and earth movement, but it comes with important limits you should understand. Earthquakes can strike without warning, causing serious …
What Is Earthquake Insurance? – Simple and Easy Explanation Read More
A PBGC board that independently reviews certain PBGC determinations. The Appeals Board for single-employer plans is a key part of the Pension Benefit Guaranty Corporation’s (PBGC) administrative review process. It …
What Is the Appeals Board (for Single-Employer Plans Only)? – Simple and Easy Explanation Read More
The annuity starting date is the date when your first pension payment is officially due and marks the beginning of your retirement benefit. This article explains what the annuity starting …
What Is an Annuity Starting Date? – Simple and Easy Explanation Read More
A clear explanation of how annuities work, including how PBGC annuities affect payment amounts and survivor benefits. An annuity is a stream of regular payments—usually monthly—made to a person for …
What Is an Annuity? – Simple and Easy Explanation Read More
A clear explanation of who an annuitant is, how annuities work, and what payments they receive. An annuitant is simply the person who receives payments from an annuity. While the …
What Is an Annuitant? – Simple and Easy Explanation Read More
A quick yearly notice that explains a pension plan’s financial health and funding level. An Annual Funding Notice is a required yearly disclosure that tells participants how well their defined …
What Is an Annual Funding Notice? – Simple and Easy Explanation Read More
A clear guide to understanding how pension benefits can be shared under a QDRO. An alternate payee is someone—such as a spouse, former spouse, child, or dependent—who is legally entitled …
What Is an Alternate Payee? – Simple and Easy Explanation Read More
Experts who analyze financial risk and uncertainty for pensions and insurance. Clear guide to what actuaries do, how they work, and why they matter. When you hear the word actuary, …
What Is an Actuary? – Simple and Easy Explanation Read More