TITLE

QDIAs pose more questions than answers to employers

AUTHOR(S)
Silva, Chris
PUB. DATE
April 2008
SOURCE
Employee Benefit News;Apr2008, Vol. 22 Issue 5, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses issues concerning qualified default investment alternatives (QDIA). Several QDIA are allowed under the Pension Protection Act, including target-date or age-based funds, balanced or risk-based funds, and professionally managed accounts. The drawback of target-date funds is explained. When selecting age-based or risk-based QDIA, employers should make sure fiduciaries are assessing the ability of plans to accumulate and keep wealth, while ensuring participants do not opt out of plans.
ACCESSION #
32571985

 

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