But Mom, why do I need to bundle up?
Time. Cost savings. These are all the potential benefits of bundling a DB plan’s service providers. Bundling can also result in increased administrative oversight - especially in light of the challenges brought on by the Pension Protection Act (PPA).
It’s Not Perfect—but the U.S. Retirement Evolution Remains a Model for the World
I would be the first to agree the U.S. retirement system is not perfect. More Americans need access to retirement plans and those who have plans, need to save more. There is no question improvements should be made. But that doesn’t mean we need to throw the baby out with the bath water.…