Projected 415 Lump Sum Calculator – Pension Resource

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Estimated Projected 415 Immediate Lump Sums

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Entry Date

Assumed Future Limit % Increases

Compensation History Download Sample Input

Actuarial Equivalence Mortality Table

Actuarial Equivalence Interest Rate (%)

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Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035
Age	58	59	60	61	62	63	64	65	66	67	68	69	70	71	72	73	74
Compensation	50,000.00	290,000.04	290,000.04	290,000.04	315,000.00	90,000.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Compensation Limit	280,000.00	285,000.00	290,000.00	305,000.00	330,000.00	345,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00	350,000.00
Limited Compensation	50,000.00	285,000.00	290,000.00	290,000.04	315,000.00	90,000.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
High 3 Consecutive Average	50,000.00	167,500.00	208,333.33	288,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35
415 Years of Service	1	2	3	4	5	5	6	7	8	9	10	11	12	13	14	15	16
415 Compensation Limit Prorated	5,000.00	33,500.00	62,500.00	115,333.34	149,166.68	149,166.68	179,000.01	208,833.34	238,666.68	268,500.02	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35
415 Dollar Limit	225,000.00	230,000.00	230,000.00	245,000.00	265,000.00	275,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00	280,000.00
415 Years of Participation	0	1	2	3	4	4	5	6	7	8	9	10	11	12	13	14	15
415 Dollar Limit Age Adjustment Factor	0.755951	0.809661	0.867941	0.931238	1.00000	1.00000	1.00000	1.00000	1.076319	1.159799	1.251445	1.352286	1.463483	1.586339	1.722310	1.873140	2.040799
415 Dollar Limit Adjusted & Prorated	0.00	18,622.20	39,925.29	68,445.99	106,000.00	110,000.00	140,000.00	168,000.00	210,958.52	259,794.98	315,364.14	378,640.08	409,775.24	444,174.92	482,246.80	524,479.20	571,423.72
Final 415 Annuity Limit	0.00	18,622.20	39,925.29	68,445.99	106,000.00	110,000.00	140,000.00	168,000.00	210,958.52	259,794.98	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35	298,333.35
Lump Sum Conversion Factor	13.771149	13.528217	13.250819	12.967666	12.679776	12.387470	12.092187	11.794088	11.493449	11.190965	10.885545	10.575014	10.258874	9.935947	9.607224	9.274886	8.938836
415 Maximum Lump Sum	0.00	251,925.16	529,042.79	887,584.74	1,344,056.26	1,362,621.70	1,692,906.18	1,981,406.78	2,424,640.99	2,907,356.53	3,247,521.11	3,154,879.35	3,060,564.25	2,964,224.35	2,866,155.32	2,767,007.81	2,666,752.89