Managed 401(k) accounts : advantages, disadvantages issues / Harold Parker, editor.

Format:

Book

Contributor:

Parker, Harold, editor.

Series:

Business issues, competition and entrepreneurship series.

Business Issues, Competition and Entrepreneurship

Language:

English

Subjects (All):

401(k) plans.

Pension trusts--Management.

Pension trusts.

Defined contribution pension plans.

Physical Description:

1 online resource (129 p.)

Place of Publication:

New York, [New York] : Nova Publishers, 2015.

Language Note:

English

Summary:

401(k) plan sponsors have increasingly offered participants managed accounts-services under which providers manage participants' 401(k) savings over time by making investment and portfolio decisions for them. These services differ from investment options offered within 401(k) plans. This book examines how providers structure managed accounts; their advantages and disadvantages for participants; and challenges sponsors face in selecting and overseeing providers.

Contents:

""MANAGED 401(K) ACCOUNTS: ADVANTAGES, DISADVANTAGES, ISSUES""; ""MANAGED 401(K) ACCOUNTS: ADVANTAGES, DISADVANTAGES, ISSUES""; ""Library of Congress Cataloging-in-Publication Data""; ""CONTENTS""; ""PREFACE""; ""Chapter 1401(K) PLANS: IMPROVEMENTS CAN BE MADE TO BETTER PROTECT PARTICIPANTS IN MANAGED ACCOUNTS""; ""WHY GAO DID THIS STUDY""; ""WHAT GAO RECOMMENDS""; ""WHAT GAO FOUND""; ""ABBREVIATIONS""; ""BACKGROUND""; ""PROVIDERS STRUCTURE MANAGED ACCOUNTS DIFFERENTLY, WHICH CAN HARM PARTICIPANTS""

""MANAGED ACCOUNTS OFFER ADVANTAGES FOR SOME PARTICIPANTS, BUT FEES AND LACK OF STANDARDIZED REPORTING REQUIREMENTS FROM DOL CAN OFFSET THESE ADVANTAGES""""ABSENT GUIDANCE, SPONSORS FACE CHALLENGES IN SELECTING AND OVERSEEING MANAGED ACCOUNT PROVIDERS""; ""CONCLUSION""; ""RECOMMENDATIONS FOR EXECUTIVE ACTION""; ""AGENCY COMMENTS AND OUR EVALUATION""; ""APPENDIX I: OBJECTIVES, SCOPE, AND METHODOLOGY""; ""APPENDIX II: METHODOLOGY AND ADDITIONAL RESULTS FROM HYPOTHETICAL SCENARIOS""; ""APPENDIX III: ADDITIONAL PERFORMANCE INFORMATION FROM ONE RECORD KEEPER�S REPORT""

""Chapter 2: 401(K) PLANS AND RETIREMENT SAVINGS:ISSUES FOR CONGRESS""""SUMMARY""; ""NEW CHALLENGES TO A SECURE RETIREMENT INCOME""; ""ACCESS TO EMPLOYER-SPONSORED RETIREMENT PLANS""; ""PARTICIPATION IN EMPLOYER-SPONSOREDRETIREMENT PLANS""; ""CONTRIBUTIONS TO RETIREMENT SAVINGS PLANS""; ""POLICY ISSUE:AUTOMATIC CONTRIBUTION ESCALATION""; ""INVESTMENT CHOICES AND INVESTMENT RISK""; ""FEES AND FEE DISCLOSURE""; ""LEAKAGE FROM RETIREMENT SAVINGS PLANS""; ""CONVERTING RETIREMENT SAVINGS INTO INCOME""; ""CONCLUSION""; ""ACKNOWLEDGMENTS""

""Chapter 3: FEE DISCLOSURE IN DEFINED CONTRIBUTION RETIREMENT PLANS""""SUMMARY""; ""BACKGROUND ON 401(K) FEES""; ""FEE DISCLOSURE LEGISLATION""; ""INDEX""; ""Blank Page""

Notes:

Includes index.

Description based on online resource; title from PDF title page (ebrary, viewed January 16, 2015).

ISBN:

1-63463-614-7

OCLC:

898475410