Dallas Salisbury
Dallas Salisbury
among benefit defined happening misses report
The PBGC report misses much of what has been happening among defined benefit plans.
accomplish savings third
The only way you're going to accomplish that is through a mandated savings requirement of some sort, ... only a third who say they are able financially to save.
actual choose fitting note numbers people plans
What's interesting to note is how differently individuals in these plans choose to allocate their assets. The actual numbers end up fitting with what most advisers say people should be doing.
carefully clear workers
Workers should think about it very carefully and go through a very clear evaluation.
automatic best easily employee giving help innovation instead plans principal putting reliance retirement save security seeing taking time winners
We're seeing innovation to help individuals save for retirement more easily instead of putting so much reliance on the employee to find the time to do it. The Principal 10 Best winners are taking 401(k) plans and giving them more security with automatic diversification and annuity options,
benefit deal employee gain great high human millions people resources school specialist type workers
We've got millions of workers that don't have high school educations, ... These are the type of people who would gain a great deal from interaction with an employee benefit specialist, a 401(k) specialist or a human resources professional.
employers expensive interface stuff systems together until
Until recently, it was an expensive and complicated thing to do because of the integration of systems that employers had to do. Now, most of these are put together with a Web-based interface and individuals are able to do most of the stuff themselves.
borrow drive projection spend urged
We are urged each and every day to spend and borrow and live for the moment. Don't you know that you can't live without that 51-inch projection television? How can you conceivably drive a 15-year-old car?
cash chooses debt federal flows fund government money pay public raise security sell social today trust
What those Social Security cash flows are being used to do today is to pay down federal debt. If the government chooses to not use those trust fund dollars, if they do end up with a shortfall, then what they'll do is go into the public market, and sell debt to raise cash, and use the Social Security money to pay off other debt.
congress focused happen house likely white
Very little is likely to happen in 2006 because Congress and the White House are already focused on elections.
contribute fraction given people percent plan
Many people don't even contribute to a 401(k) plan when given the option. And of those that do contribute, 75 percent contribute a fraction of what they could contribute.
dropped market sell time
The time to sell is not after the market has already dropped by 25 percent,