| Test Your Human Resources Knowledge | ||
|
| Labor Law Journal Submissions | ||
|
| Labor Arbitrators' Awards and Biographies | ||
5500 Preparer's Manual for 2012 Plan Years
The premier resource in the field of Form 5500 preparation, 5500 Preparer's Manual will help you handle the required annual Form 5500 filings for both pension benefits and welfare benefit plans.
The use of annuities as an investment alternative within 401(k) plans will gain momentum as those approaching retirement seek to create guaranteed retirement income streams, according to a report by the Financial Research Corporation (FRC).
Conceding that a barrier to more widespread acceptance of annuities within 401(k) plans has been a negative perception of annuities, Luis Fleites, vice-president and director of marketing for FRC, advocates improved communication that explains to participants that they would be purchasing an income option for retirement. He notes that certain annuity providers are proactively working to make retirement income part of asset allocation strategies, and have created model portfolios which integrate both variable and fixed annuities. While this effort is not confined to defined contribution plans, the FRC anticipates that such efforts will help boost the appeal of these products within defined contribution plans. FRC expects that a gradual acceptance of in-plan annuity options will give rise to the emergence of guaranteed retirement income as an asset class.
©2005-2024 CCH Incorporated or its affiliates
