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It’s retirement wonk versus retirement wonk.
In the media
Kelly Greene
A recent headline in the Los Angeles Times managed to rile both supporters and detractors of the 401(k) plan industry’s opaque and often excessive fee structure. Citing new research, The Times asserted that “401(k) Fees Could Reduce Average Nest Egg by 30%.” There is definitely a problem. But that
In the media
Dan Kadlec
One aggravating element of today's economic debate is how conservatives oppose stimulus spending even as they trumpet the economic record of past Republican presidents.
Blog
David Callahan
New York, NY – Leaders in the U.S. Senate recently introduced a bill that would help significantly shift the direction of the financial sector toward the common good by ensuring that independent directors, not industry executives, regulate the big banks. Introduced on May 22 by Senator Bernie
Press release/statement
While that may sound like good news, it may be masking underlying problems, researchers have found in a new study.
In the media
Portability, ownership and innovation are three key features of 401(k) plans that make them worth keeping. That was the case laid out by Paul Schott Stevens at a "town hall" meeting in Los Angeles this afternoon. The remarks lay out a defense of the mutual fund-heavy savings vehicle even as the
In the media
Neil Anderson
A main obstacle to economic growth is that consumers don't have much money to spend, which is why the U.S. government needs to engage in more stimulus spending -- an imperative that was dramatically underscored by last Friday's bleak job numbers.
Blog
David Callahan
This afternoon, two New York state lawmakers, Senator Michael Gianaris and Assemblymember Brian Kavanaugh, introduced legislation that would empower the voters of New York by providing more access to the ballot and giving the voter registration system a much overdue 21st century makeover.
Blog
Guest Author
WASHINGTON, D.C. – In the wake of the U.S. Supreme Court’s ruling in Citizens United v. Federal Election Commission, which allows corporations to spend unlimited amounts from their treasuries to influence elections, states have passed a variety of innovative measures to regulate corporate cash in
Press release/statement
The big stock market slide of the past month has been bad news for the over 50 million Americans with 401(k) plans. Many of these investors have yet to recover from the 2008 crash and have been counting on a market upswing to make up for lost ground.
Blog
David Callahan