Stable Value Funds: A Reliable Option for Risk-Averse Participants
Stable value funds and money market funds are often compared in terms of their returns … but only one has had consistent performance over the long term.
Stable value funds and money market funds are often compared in terms of their returns … but only one has had consistent performance over the long term.
The SECURE 2.0 Act of 2022 includes nearly 100 provisions (some required, some optional) related to retirement plans and IRAs that expand participant coverage, help participants preserve income and simplify plan rules and administrative procedures.
American workers are suffering from a decline in confidence that they will be sufficiently prepared for retirement — and they’re looking to their employers for help.
Plan sponsors often find the target date fund (TDF) selection process understandably daunting. Evaluating TDFs is a multi-faceted process that requires a deep dive into the four components of TDF design — glide path design, asset allocation, selecting underlying managers, and portfolio construction.
Voya’s biannual defined contribution plan sponsor survey seeks to offer perspectives on sponsors’ priorities, the challenges they face, and the services they may need.
It is critical for plan fiduciaries to understand the differences in target date design in order to select the fund that best matches the needs and characteristics of their plan and its participants.