James Kavanagh is the President of InjAnnuity Inc. Ormond Beach, Fla. Mr. Kavanagh has over 30 years of experience in developing valuation systems and is the author of the BI-SEM method for the evaluation of investment and annuity portfolios.
DOL’s Lifetime Income Illustration Flaws Will Back Sponsors into a Corner
By mandating Illustrations that don’t provide a proper estimate of future retirement income, James Kavanagh argues the DOL has created a dilemma for plan sponsors