Excel Functions in EAC ToolsExcel Functions in EAC Tools\Commutation functionsCommutation functions\LxPPA, PxPPA, QxPPA

LxPPA, PxPPA, QxPPA

LxPPA, PxPPA, QxPPA return a mortality table value at age 𝑥. These are based on one of the published IRS static mortality tables under 430(h) or 417(e). These functions all share the same syntax:

Syntax

LxPPA (Age, CalcYear, MortTableType, [Sex])
Px
PPA (Age, CalcYear, MortTableType, [Sex])
Qx
PPA (Age, CalcYear, MortTableType, [Sex])

Parameter Name

Description

Age

Current age 𝑥.

CalcYear

Year of desired IRS table; not before 2008.

MortTableType

This is to select the type of IRS static mortality table under 417(e) or 430(h).

Option

Type of Mortality Table

“ann”

annuitant Table

“non”

non-annuitant Table

“com” (or “small”)

optional combined table for small plans

“app”

applicable table for distributions subject to 417(e)(3)

 

Sex

“m” or “f”; not used if type of table is “Applicable Table” because this is a unisex table.