Fed may have to eventually raise rates above 4.3% to control inflation, Former Treasury Secretary Lawrence Summers said.
Auto-features won’t work in the decumulation phase of defined contribution plans, says Shlomo Benartzi.
Diversification among individual securities does not guarantee specific investment returns, nor does it guarantee a profit or prevent a loss.
The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts.