◀ The Principal Blog

Better Never than Late: Late Retirement Windfall Lays Trap for Plan Sponsors

Since 1974, ERISA has dictated that the normal retirement date (NRD) for single employer defined benefit (DB) plans be no later than age 65. (I don’t want to say this rule is old, but the original draft defined it as “Age LXV”.)  Back then, much more focus was placed on early retirement…

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Is the Demise of U.S. Shopping Malls Exaggerated?

The great American humorist, novelist, and lecturer Samuel Langhorne Clemens — better known by his pen name Mark Twain — once responded to an erroneous newspaper report about his demise with the often misquoted quote, “The report of my death was an exaggeration.” I guess what I’m really…

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