Tiffany Myers
By Tiffany Myers 8/8/2023
“I analyze risk for a living. It’s my job to worry.” So said Ben Stiller’s character, Rueben Feffer, in the 2004 movie, “Along Came Polly.”
If you are like me, you get this question all the time when you tell people you are an actuary. Without going into a lot of detail, I usually answer this...
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By Tiffany Myers 8/8/2023
My previous article examined the Internal Revenue Code (IRC) Section 404(a)(7) combined deduction limit. In addition to Section 404(a)(7), self-employed individuals also are subject to the limits of IRC Section 404(a)(8). (Editor's Note: The previous article, "404(a)(7) Deduction Limit Deep Dive,"...
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By Tiffany Myers 6/12/2023
Why does it seem that so many in the actuarial field are into distance running? Is it that we like challenges? Is it that, as one of my coworkers suggested, we just like suffering? Everyone’s story is different. I got into running a few years ago through my husband, Nick, who is an avid runner...
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By Tiffany Myers 6/12/2023
The combined deduction limit for defined benefit (DB) and defined contribution (DC) plans has always been a source of confusion for me. Sure, I understand the basics: when the DB plan is PBGC-covered, a deductible contribution of up to 25% of compensation may be made to the DC plan, while up to the...
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By Tiffany Myers 5/9/2023
In recent years there has been a lot of discussion around the topic of Imposter Syndrome. Initially called the “Imposter Phenomenon” in the 1970s by Pauline Rose Clance and Suzanne Imes, “an internal experience of intellectual phoniness” and the fear of it being exposed, was once believed to be a...
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