Document Detail


MedLine Citation:
PMID:  15628619     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
Much of employers' attention has focused on helping employees manage the accumulation of 401(k) plan assets rather than on helping them manage the distribution phase--the period during which employees begin drawing down their 401(k) savings to meet their retirement needs. Assisting employees in managing the distribution phase can play an important role in helping employers meet a range of workforce planning goals and ensuring a maximum return on the retirement dollars that have been invested by both employees and the company. By implementing a properly structured approach to help employees manage the distribution phase, employers can help them maximize the value of their retirement savings at little or no employer cost, thanks to the leverage of the company's group purchasing power and the tax advantages of employer-sponsored plans.
Authors:
Bill Daniels
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Benefits quarterly     Volume:  20     ISSN:  8756-1263     ISO Abbreviation:  Benefits Q     Publication Date:  2004  
Date Detail:
Created Date:  2005-01-04     Completed Date:  2005-02-10     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  9112812     Medline TA:  Benefits Q     Country:  United States    
Other Details:
Languages:  eng     Pagination:  57-60     Citation Subset:  H    
Affiliation:
Towers Perrin's HR Services, Pittsburgh, USA.
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MeSH Terms
Descriptor/Qualifier:
Aged
Employment
Humans
Investments / organization & administration*
Retirement / economics*
Risk
Taxes
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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