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Survivor Benefits

Submitted by john.reichert@c... on 22 May 2007 - 2:15pm

I have a pension that pays a fixed amount for life, not indexed for inflation; with a 50% survivor benefit. I enter the annual amount in the #4 Annual Amount field and I enter in #5 Percentage of annual benefit provided to survivor field as 50%. After clicking the ADD button the box above updates to reveal the correct pension amount, but it lists the survivor benefit as 50% lump sum as opposed to annual benefit.

I noticed that if I enter #5 Percentage of lump sum field as 50% then the ADD button the box above reveals 50% in the Annual Benefit field. I do not know if this is a bug in the program and what affect this has on my profile.

‹ Lump Sum Distribution defined benefit plan ›
Submitted by Laurence Kotlikoff on 23 May 2007 - 8:28am.
1

Good catch. This is probably just a display bug, but we'll check it out thoroughly and post an update in a day or so.

thanks, best, Larry

Submitted by Lowell Williams on 26 May 2007 - 11:45am.
2

This is fixed in the currently posted kit. Login to your account and click UPDATES for access

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