Access, Participation Strong in Employer-Provided Retirement Plans Study Illustrates Link Between Savings Goals and Access to Retirement Plans Washington, DC, October 3, 2013 - Most workers who are likely to be focused on retirement savings have access to an employer-provided...
F. William McNabb Elected Chairman of ICI New Members Elected to Board of Investment Company Institute Washington, DC, October 3, 2013 - The Investment Company Institute’s Board of Governors has elected F. William McNabb III, Chairman and CEO, The Vanguard Group, to serve as ICI...
Independent Directors Council Re-elects Susan Kerley as Chair; Paul Freeman Named Vice Chair Elects Two New Governing Council Members Washington, DC, October 3, 2013 - The Governing Council of the Independent Directors Council (IDC) has re-elected Susan B. Kerley as IDC’s chair for a...
Fund Boards Have Adopted Strong Governance Practices Independent of Regulatory Mandates Study from IDC and ICI Examines Trends in Fund Governance Practices Since 1994 Washington, DC, September 30, 2013 - Fund governance practices over the past 18 years have evolved in response to...
Letter to the Editor: Retirement Doesn’t Have to Be a Dream The energy and spirit of Tom Palome are admirable. But the answer to your headline – “ How a six-figure salary can turn into working two part-time jobs at age 77” – is buried in the 32nd paragraph of the story: Though he has...
Comment: Ignoring the Facts on the American Retirement System’s Success Lynn Stuart Parramore's many claims ignore the facts and the research on the American retirement system. The 401(k) is an effective component of an overall system that has successfully provided adequate retirement...
“No More Standoff: Let’s End the Fiscal Deadlock in Washington” Paul Schott Stevens President and CEO Investment Company Institute September 23, 2013 ICI Tax and Accounting Conference San Antonio, TX Thank you, Greg [Gregory K. Hinkle, Vice President and Treasurer, T Rowe Price, and...
Fifth in a series of posts about retirement plans and the policy proposals surrounding them. In previous Viewpoints posts, I explained that retirement contributions are neither tax deductions nor tax exclusions, but rather are tax deferrals. I also explained why, in my opinion, the...
Fourth in a series of posts about retirement plans and the policy proposals surrounding them. In The Tax Benefits and Revenue Costs of Tax Deferral and in two previous Viewpoints posts (post one and post two), I explained the benefits that workers get from deferring tax on...
