With KKR hiring their first head of defined contribution, signaling the firms' efforts to expand into the $12 trillion market ...
Defined contribution plans come in varieties like 403(b), 457, and Thrift Savings Plans. You choose investment options within your plan, determining the ultimate value of your retirement fund.
RTX was also an early adopter. Its predecessor, Raytheon, brought its annuity product to the workforce in June 2012 with the ...
Older public-sector defined contribution plan participants tend to allocate more of their DC assets to stable value funds vs.
The main difference between retirement plans are how they treat contributions and taxes on withdrawals during retirement.
Eight in 10 (80 per cent) defined contribution (DC) scheme members would give up the flexibility of their savings for a higher income, while 78 per cent would do the same for a guaranteed retirement ...
Investment Company Institute issues call to protect DC plans' tax perks and other benefits for American retirement savers.
The government wants to let companies use extra final salary scheme funds to boost the economy but there are risks involved.
Alternative investment manager KKR & Co. has appointed Melissa Kivett as the firm’s first head of defined contribution, a spokesperson for KKR said. “We are thrilled to welcome Melissa to the firm.