Tuesday, February 16, 2010
PBGC Also Rises...
...and this is bad news. The PBGC Rate has gone from 2.50% to 2.75% this month. Between this increase in the PBGC Rate and what appears to be a pretty healthy increase in the GATT Rate, it looks very much like lump sum amounts for the 2nd Quarter of 2010 will be lower. How much lower remains to be seen, but if you have questions about your own retirement, please call Harris Financial Group at (800) 281-3980.
Posted by Harris Financial Group at 11:17 AM