Tiffany Myers
By Tiffany Myers 1/18/2024
Almost 20 years ago, the IRS issued proposed regulations for handling Internal Revenue Code Section 415(b) limits when multiple annuity starting dates (MASDs) are involved. While the approach given was simple—basically a straight actuarial adjustment to benefits paid, it led to some absurd results...
READ MORE
By Tiffany Myers 12/18/2023
Recently I sat down to write my speech for a humorous speech contest I had entered, and realized that I’m not that funny. But I entered the contest because I thought it would be good practice. “Practice for what?” you may be wondering. Presenting at an Actuarial Conference, of course…!
A few...
READ MORE
By Tiffany Myers 10/16/2023
Ever since I became a member of ASEA in 2012 (then ACOPA), I have been struck by the willingness of members to help each other navigate problems—in particular, how so many of the recognized experts go out of their way to help the newer actuaries.
I remember a time shortly after I became enrolled...
READ MORE
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...
READ MORE
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,"...
READ MORE
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...
READ MORE
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...
READ MORE
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...
READ MORE
Most Popular
ASPPA Benefits Councils
The 19 ABC chapters feature networking and educational opportunities, right in your own neighborhood! For more information. Click HERE
Advertisement