FOR IMMEDIATE RELEASE VIENNA, VIRGINIA – Chao & Company, Ltd. is pleased to announce that Philip Chao, will be presenting at the 2015 National Association of Plan Advisors (NAPA) 401(k) Summit. NAPA, a sister organization of the American Society of Pension...
The October 23, 2014, IRS Notice 2014-66 coupled with the confirmation from the DOL Information Letter of the same date cleared the way for target date funds to include unallocated deferred annuity contracts in their investment mix. The Notice and the Information...
On October 23, 2014, the Internal Revenue Service announced1 cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2015. Generally speaking, many of the pension plan limitations increased for 2015...
What we have witnessed since the Janus announcement of Bill Gross’s exit from PIMCO to Janus Capital on September 26th is that many retail customers within the first 3 days have jumped ship and sold their investments in the PIMCO flagship fund – the Total Return...
Philip Chao, Principal and Founder of Chao & Company, was recently quoted in a Wall Street Journal article regarding Bill Gross’s departure from PIMCO. For your convenience, the article is reproduced below, or you can find it online by clicking the following...