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401(k) Plans: Other Countriesäó» Experiences Offer Lessons in Policies and Oversight of Spend-Down Options
401(k) Plans: Other Countriesäó» Experiences Offer Lessons in Policies and Oversight of Spend-Down Options
 
Our Price: $25.00
By Charles Jeszeck (au)
Year: 2013
Pages: 69
Binding Paperback
ISBN 978-1-4578-5246-6

Product Code: 1457852462

Description
 
American workers are primarily saving for retirement through their 401(k) plans and will likely need assistance making complicated decisions about how to spend their money throughout retirement. Other countries with defined contribution (DC) systems are also dealing with this spend-down challenge. To identify lessons for the U.S. from the experiences of other countries, this report examined selected countriesäó» (1) approaches to offering retirement spend-down options; (2) strategies to help participants make sound decisions; and (3) approaches to regulating and overseeing options. An initial review indicated that some countries including the six selected -- Australia, Canada, Chile, Singapore, Switzerland, and the UK -- have developed innovative spend-down policies that have the potential to yield useful lessons for the U.S. experience. Tables and figures. This is a print on demand report.

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