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| Benefits & Administration |
| ICI Says IRAs Continue to Serve American Savers Well |
| Two reports from the Investment Company Institute (ICI) about individual retirement accounts (IRAs) show they remain successful vehicles for retirement savers. “Traditional IRAs are a popular option for savers who are looking to roll over a workplace retirement plan account, while Roth IRAs are often started with contributions. Both IRAs have options that appeal to workers in various stages of their lifetime savings cycle and help millions of Americans prepare for retirement,” says Sarah Holden, ICI senior director of retirement and investor research.Read more > |
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| Ask the Experts |
| Annuity General Accounts Versus Separate Accounts |
| “I work for a plan sponsor that maintains a 403(b) plan with annuity contracts. Apparently we have two different types of accounts; a general account and a separate account. Can the Experts explain the difference between the two? I had requested response from the annuity provider, but I cannot understand it.”Read more > |
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| Investing |
| No Above-Normal Trading in Retirement Plans in August |
| August had no days of above-normal trading, the second consecutive month this has occurred since a year ago May and June, according to the Alight Solutions 401(k) Index. During the month, 15 out of 23 days favored fixed-income funds, representing 65% of the trades. By comparison, eight days favored equities, representing 35% of the trades. Trading inflows favored stable value funds (32%), while trading outflows were primarily from target-date funds (TDFs) (38%).Read more > |
