◀ The Principal Blog

Posts tagged ‘retirement’

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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Despite the Brexit, We Believe Target Date Fund Investors Should Stay the Course!



On June 23, voters in the United Kingdom (UK) voted to withdraw from the European Union (EU), the outcome was 51.9% to 48.1% to exit the EU. Global capital markets felt the repercussions almost immediately. Global equity markets declined for a few days after the vote before the dust settled and…

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