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401(k) Plans & Spend-Down Options

Name: 401(k) Plans & Spend-Down Options
Brand: Nova Science Publishers Inc
SKU: 06423663
Price: 176.39 EUR
Availability: InStock
Author: Erica L Chapmann
ISBN: 9781631175800

Erica L Chapmann

Language

English

Book Hardback

Libristo code: 06423663

Publishers Nova Science Publishers Inc, May 2014

American workers are primarily saving for retirement through their 401(k) plans and will likely need... Full description

Libristo code: 06423663

432 b

176.39 € VAT included

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American workers are primarily saving for retirement through their 401(k) plans and will likely need assistance making complicated decisions about how to spend their money throughout retirement. Other countries with defined contribution (DC) systems are also dealing with this spend-down challenge. To identify lessons for the U.S. from the experiences of other countries, GAO examined selected countries'' approaches to offering retirement spend-down options; strategies to help participants make sound decisions; and approaches to regulating and overseeing options. This book discusses these options and strategies in detail, while also providing defined contribution plans and examining income replacement during retirement years in these defined contribution plans.