Archive:
Telling fiduciaries of private plans to steer clear, but Board of TSP to avoid Chinese stocks. Candidly, I’m confused by our Department of Labor (DOL). On June 23 the DOL released a strongly worded rule for private pensions covered by the Employee Retirement Income Security Act of 1974 (ERISA) saying that: “It is unlawful for…
401(k)s, not contributory defined benefit plans, seem like the more relevant benchmark today. I got to this topic because I’m doing some work on the taxation of retirement income. Namely, people with significant 401(k) holdings are going to owe the government a meaningful portion of their pile in taxes. In the process of calculating how…
