By Martin Feldstein
If progress is not made in reducing the projected fiscal imbalances and limiting the growth of bank reserves, reduced demand for dollar assets could cause the dollar to fall more rapidly and the interest rate on dollar securities to rise.
By Editor Test
The lifetime income benefit captures new contract value highs on a daily basis to age 90, with a minimum deferral bonus of 6% simple interest credited until the 10th contract anniversary or the first withdrawal if sooner.
By Editor Test
If income payments are deferred for five years, the available income withdrawal amount is boosted by 150%. With a ten-year deferral, the available income withdrawal amount gets a guaranteed boost of 225%.
By Editor Test
Western European nations with universal health care and retiree social programs dominate the top of the rankings, taking the first 10 spots. Norway is first overall, followed by Switzerland, Luxembourg, Sweden and Austria.
By Editor Test
The United Kingdom is the only market with defined contribution assets in excess of US$1 trillion that is expected to have double-digit growth.
By Editor Test
Britain is talking about creating a government-sponsored Pension Protection Fund that would "smooth" participant outcomes and bear the risks that private providers can't afford to shoulder.
By Editor Test
It understandably drives the 401(k) industry nuts to hear professors and regulators proposing to cut the tax incentives for the business owners who sponsor workplace plans or for those who contribute the largest amounts to plans.