Edison Pension Interest
Do You Have The Up to Date information?
Each year, Edison uses the IRS's August rates that are announced in September to calculate the pension value or growth rates for the following year. These rates impact the pension value for Grandfathered Lump Sum (GFLS) participants who are considering retirement in the next year – and it’s important to stay up to date. These rates also impact Cash Balance Plan growth rates.
In this annual white paper, we review the change in the IRS Segment Interest Rates and how it impacts the GFLS value and the Cash Balance growth rates for 2020.
This information is crucial for Edison employees building their retirement plan.
For more information, request to download our free white paper.
At Manchester Financial, we’ve helped hundreds of Edison Employees make the right financial decisions so we retain our independence and are not sponsored or endorsed by Edison International. If you have questions on your Grandfathered Lump-Sum, Cash Balance Plan, or want professional management of your 401(k), please call us at 800-492-1107 to have your future Powered By Planning®.