{"id":259,"date":"2021-06-04T19:44:00","date_gmt":"2021-06-04T19:44:00","guid":{"rendered":"http:\/\/localhost:8080\/FFLY\/blog\/?p=259"},"modified":"2025-01-17T22:03:28","modified_gmt":"2025-01-17T22:03:28","slug":"the-anatomy-of-a-lump-sum-conversion","status":"publish","type":"post","link":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/2021\/06\/04\/the-anatomy-of-a-lump-sum-conversion\/","title":{"rendered":"THE ANATOMY OF A LUMP-SUM CONVERSION"},"content":{"rendered":"\n<p>In researching an issue this week, we stumbled across an article titled,&nbsp;<em>The Anatomy of a Lump-Sum Conversion<\/em>, written by Corey Swarner, CPC, MBA of Milliman.&nbsp;<\/p>\n\n\n\n<p>In various posts, we&#8217;ve attempted to provide readers with an understanding of actuarial math including the time-value of money, and actuarial concepts such as life expectancy. But we think Corey really nailed it, and wanted to share his article, which you can read here:<\/p>\n\n\n\n<p><a href=\"https:\/\/us.milliman.com\/en\/insight\/the-anatomy-of-a-lumpsum-conversion\/\">https:\/\/us.milliman.com\/en\/insight\/the-anatomy-of-a-lumpsum-conversion\/<\/a><\/p>\n\n\n\n<p>We think this article nicely describes how an actuary calculates an actuarial present value, which is used for lump-sum distributions as well as determining contributions and a defined benefit plan funded ratio. Enjoy!<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In researching an issue this week, we stumbled across an article titled,&nbsp;The Anatomy of a Lump-Sum Conversion, written by Corey Swarner, CPC, MBA of Milliman.&nbsp; In various posts, we&#8217;ve attempted to provide readers with an understanding of actuarial math including the time-value of money, and actuarial concepts such as life expectancy. But we think Corey [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,4,5,6,7,8,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/259"}],"collection":[{"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=259"}],"version-history":[{"count":1,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/259\/revisions"}],"predecessor-version":[{"id":260,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/259\/revisions\/260"}],"wp:attachment":[{"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fireflyadmin.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}