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AFS Master System® Administration Functionality
CPA Key Features
Select Benefits Administration Features:
- Calculations based on fiscal year and accurate to the nearest day
- Flexible SERP benefit formulas and offset formulas
- FASB 87 and APB 12 accounting methods accounting information presented according to GAAP
- FICA / FUTA calculations
- Complete choice of benefit payment modes and duration, including joint and survivor
- Pre-coded mortality tables
- Distinct interest crediting rates for both pre- and post-retirement contributions and /or payments, for both employer and employee contributions
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