Stable value study shows the obvious about volatility

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Contact

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

David Letterman once had a joke about those USA Today graphs where he claimed they had a graph that said that “3 out of 4 Americans make up 75% of the population.”

According to MetLife’s newest Stable Value Study, more than two-thirds of defined contribution plan sponsors are concerned about the impact of market volatility on retirees (70%) and plan participants within 10 years of retirement (67%). More than half (52%) are concerned about those more than 10 years away from retirement.

We have a volatile stock market right now after the gains from when the COVID pandemic started back in March 2020. Of course, plan sponsors are going to be concerned. Thank you plan sponsors obvious.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C. | Attorney Advertising

Written by:

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Contact
more
less

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide