The 417(e) segment rates for April, 2022 were just released and two takeaways:
- 50 basis point increase in one month indicates that lump sums being paid out of Defined Benefit plans will be greatly decreased in 2023 from 2022; and
- The economy is in a recession similar to 2008-9.
Author(s): John Bury
Publication Date: 24 May 2022
Publication Site: Burypensions