FAQ 516: Pre-PPA Funding Methods - EAN Accrued Liability

Problem: We are having a problem with this Individual Aggregate plan. We think we are doing it correctly, but it is not calculating an accrued liability for either the prior year or the current year.

Solution: In plan specs on the Funding/FUNDMETH screen change the choice for Date of Entry for Entry Age Normal to either 1 or 2 and rerun. The date in his record was showing as 12/31/2005 (the current val date) and hence no Entry Age Normal AL was being calculated.