Defined contribution plans: key information on target date funds as default investments should be provided to plan sponsors and participants : report to congressional requesters.

Defined contribution plans: key information on target date funds as default investments should be provided to plan sponsors and participants : report to congressional requesters.

by U.S. Government Accountability Office

Paperback

$22.99
Eligible for FREE SHIPPING
  • Want it by Friday, October 19  Order now and choose Expedited Shipping during checkout.

Overview

Defined contribution plans: key information on target date funds as default investments should be provided to plan sponsors and participants : report to congressional requesters. by U.S. Government Accountability Office

enroll workers, in 2007 the Department of Labor (DOL) identified three qualified default investment alternatives. One of these optionstarget date funds (TDF)has emerged as by far the most popular default investment. TDFs are designed to provide an age-appropriate asset allocation for plan participants over time.Because of recent concerns about significant losses in and differences in the performance of some TDFs, GAO was asked address the following questions: (1) To what extent do the investment compositions of TDFs vary; (2) what is known about the performance of TDFs; (3) how do plan sponsors select and monitor TDFs that are chosen as the plans default investment, and what steps do they take to communicate information on these funds to their participants; and (4) what steps have DOL and the Securities and Exchange Commission (SEC) taken to ensure that plan sponsors appropriately select and use TDFs To answer these questions, GAO reviewed available reports and data, and interviewed TDF managers, plan sponsors, relevant federal officials, and others.

Product Details

ISBN-13: 9781974437627
Publisher: CreateSpace Publishing
Publication date: 08/11/2017
Pages: 60
Product dimensions: 6.00(w) x 1.25(h) x 9.00(d)

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews