Neuware - Over the past 25 years, defined contribution plans, including 401(k) plans, have become the most prevalent form of employer-sponsored retirement plan in the United States. The majority of assets held in these plans are invested in stocks and stock mutual funds, and the decline in the major stock market indices in 2008 greatly reduced the value of many families' retirement savings. The effect of stock market volatility on families' retirement savings is just one issue of concern to Congress with respect to defined contribution retirement plans. This book examines fee considerations and country comparisons relating to defined contribution plans for retirement with a focus on increasing access to employer-sponsored plans, raising participation and contribution rates, helping participants make better investment choices, requiring clearer disclosure of fees charged to plan participants, preserving retirement savings when workers face economic hardship or change jobs, and promoting life annuities as a source of retirement income.

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Title: Defined Contribution Plans for Retirement : Fee Considerations & Country Comparisons
Publisher: Nova Science Publishers Inc Okt 2012
Publication Date: 2012
Language: English
ISBN 10: 1622572726
ISBN 13: 9781622572724
Binding: Buch
Condition: Neu
Dimensions: 235 millimeters width by 155 millimeters height by 14 millimeters depth
Weight: 356 grams

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