November 7, 2016 When you’re choosing between two job opportunities, many people will compare the salaries, and go with the higher pay. But it’s just as important to compare the benefits.
Source: The Washington Post
April 9, 2015 Mutual funds vary greatly in their reliance on proxy advisory recommendations. Over 25% of funds rely almost entirely on ISS recommendations, while other funds place little weight on them. Funds with higher benefits and lower costs of researching items up for vote are less likely to rely on ISS. These actively voting funds are less likely vote in a ‘one size fits all’ manner and they earn higher alphas, consistent with benefits from this allocation of resources. For the underlying firms, the presence of actively voting funds mitigates the influence of ISS and helps sway shareholder votes toward value-maximizing outcomes.
Source: Iliev, Peter and Lowry, Michelle, Are Mutual Funds Active Voters? (April 15, 2014). Review of Financial Studies, 2015.
Cincinnati workers aren’t all that great at saving for retirement, at least when it comes to taking part in a company 401(k) plan.
Source: Cincinnati.com
New York, August 27, 2014 — If you’re doing the right things: saving for retirement by contributing to your 401(k) plan, getting the maximum match from your employer– if one is offered — and investing prudently, it wouldn’t seem to matter where you live.
Source: Street.com
August 26, 2014 — Nevada is the worst state in which to have a 401(k) plan, while Florida, Louisana and Kentucky, among a few more, aren’t faring much better, according to data from Judy Diamond Associates.
Source: BenefitsPro.com
Nevada is the worst state in which to have a 401(k) plan, while Florida, Louisana and Kentucky, among a few more, aren’t faring much better, according to data from Judy Diamond Associates.
Source: ThinkAdvisor.com
The ancient Greeks looked to Hygeia, the goddess of health and medicine, to protect them against illness and to heal what ailed them. Her powers of healing would be very useful for many of today’s 401(k) plans that are struggling with subpar participation, anemic contributions, broken plan designs and other maladies.
Source: Plan Adviser
Small 401(k) plans often outperform large ones on a number of key metrics, according to analysis of Form 5500 data by Judy Diamond Associates.
Source: Plan Sponsor
Analysis of public Form 5500 reporting data reveals small 401(k) plans often outperform large plans on a number of key metrics, says Judy Diamond Associates.
Source: Plan Adviser
In the legislative flurry before Congress broke for summer vacation, bipartisan legislation was introduced that would provide nondiscrimination relief to frozen pension plans.
Source: BenefitsPro