Wesley MeyerBiblio.com
Wesley MeyerBiblio.com
401k Plans: A Sponsor's Role in Default Investments & an Examination of Target Date Funds
ref. A9781634847278Hardback. New. Employers who sponsor 401k plans report using a range of default investment types to automatically enrol employees in their plans based on each type's design and other attributes. Department of Labor DOL created a regulatory "safe harbor" in 2007 to limit plan sponsor liability for investing contributions on behalf of employees into default investments when employees do not otherwise make an election. In addition DOL identified three default investments that if selected by sponsors would qualify a plan for safe harbor protection. This book examines which options plan sponsors selected as default investments and why; how plan sponsors monitor their default investment selections; and what challenges if any plan sponsors report facing when adopting a default investment for their plan. Furthermore this book determines what is known about the effect of automatic enrolment policies among the nation's 401k plans and the extent of and future prospect for such policies; and the potential benefits and limitations of automatic IRA proposals and state-assisted retirement savings proposals. hardcover
The Saint Bookstore · Reino Unido£ 121,17≈ € 144,20
