A large chunk of defined contribution assets will be taxable at retirement. (hussman.net)
Today, the U.S. Appeals Court for the Second Circuit denied disgraced former Bronx Assemblyman Eric Stevenson's appeal of his federal trial judge's order seizing his pension contributions assets that can be used to pay his $ 22,000 restitution penalty. (thebronxchronicle.com)
The increasing popularity of the funds has led to forecasts that they will represent nearly half of the projected $ 7.7 trillion in U.S. defined contribution assets by 2020, according to CNBC. (gokinfo.com)