How Can Employers Improve Defined Contribution Plans?

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

10-2006

Abstract

If 401(k)s and similar plans are the main way Americans invest for retirement, how can employers improve them? By making enrollment automatic, minimizing the use of the employer's stock, expanding the role of annuities and improving employees' financial knowledge, according to a set of recommendations issued by the Financial Economists Roundtable, a group of about 50 prominent economists, including several Wharton faculty members.

Keywords

Retirement, Aging population, income, retirement planning, investment skills

Disciplines

Finance and Financial Management

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1035

Citation

Knowledge@SMU. How Can Employers Improve Defined Contribution Plans?. (2006).
Available at: https://ink.library.smu.edu.sg/ksmu/188