James Turpin
By James Turpin 9/14/2017
It was a dark and stormy night when Snoopy the dog took a call from a potential client. The client quickly told Snoopy that he had just sold his business and his accountant advised him to contact an actuary about setting up a defined benefit plan that would be funded through the proceeds from the...
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By James Turpin 3/15/2016
As actuaries we deal with data on a daily basis. Most of the time we tend to only think of data as demographic (participant information) or financial (plan assets, contributions and distributions). However, data also includes the plan documents that we rely on to determine who is covered by the...
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By James Turpin 11/12/2015
Assume you are the enrolled actuary for a traditional calendar year defined benefit plan sponsored by a small employer. The owner of the business generates about 90% of the firm’s revenue and his benefit from the plan represents about 95% of the total benefit liabilities for the plan. The employer...
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