PT - JOURNAL ARTICLE AU - David Geloran AU - Jonathan E. Flitter TI - Plan Termination: <em>Should I File an IRS Determination Letter Request?</em> AID - 10.3905/joi.2018.27.supplement.033 DP - 2018 Oct 31 TA - The Journal of Investing PG - 33--37 VI - 27 IP - supplement 4099 - https://pm-research.com/content/27/supplement/33.short 4100 - https://pm-research.com/content/27/supplement/33.full AB - For sponsors of defined benefit (“DB”) plans considering plan termination, analysis of the pros and cons of filing an Application for Determination Upon Termination with the IRS should encompass the financial and legal implications, including tradeoffs related to “legal certainty,” in particular. Such tradeoffs are the result of the IRS’s Favorable Determination on such an Application against potential, intervening financial risks related to fluctuations in credit/fixed income markets, as well as market performance of a DB plan’s underlying assets.TOPICS: Pension funds, legal/regulatory/public policy, risk management