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.
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.
If people do significantly less well managing defined
contribution assets on average than a comparable index fund, then they should not be managing their own assets, much less concentrating into a small number of stocks.
Many elite plan advisers with $ 250 million or more in defined -
contribution assets under management have enjoyed great success since the 2008 - 09 market collapse, as more plan sponsors have focused on...
In fact, Finke says, «VAs could serve as an ideal default for most Americans rolling their defined
contribution assets into an IRA.
The consultants participating in the survey advise more than 12,000 plan sponsors with more than $ 4 trillion in cumulative defined
contribution assets.