Philip Chao, along with millions of Americans, was glued to the news channels watching the electoral map turned into a sea of red as polls closed on election night with disbelief and puzzlement. He did not give Donald Trump’s take-no-prisoner approach campaign style a...
2017 Qualified Plan Adjustments On October 27, 2016, the Internal Revenue Service announced1 cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2017. Generally speaking, many of the pension plan...
Philip Chao was recently interviewed by Ben Jones at BMO on the subject of custom target date funds. This interview is now a part of the BMO “Better Conversation, Better Outcome” Podcast Series. It is available on iTunes. The Podcast – “Custom target funds: is the...
Retirement savings accessibility, participation and adequacy are hot topics, and the following article from Institutional Investor offers additional evidence that the vectors are lining up to slowly replace the private employer based DC plan with government...
Citizens of the United Kingdom voted on June 24th to exit the European Union (EU). This significant decision sets up a wave of uncertainties around UK, other EU member countries, and ultimately the world economy. Observers are speculating and debating about the path...