Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Compass
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Solving a Retirement Crisis: It's as Simple as 123(4) for California's Public-Private Plan
fi360 Blog [Opinion] Dec. 12, 2012
"In California and elsewhere the retirement planning industry is beginning to wake up to a new 'defined benefit' plan for low- to middle-income workers or, as a legislative aide, Greg Hayes, describes it, an 'IRA in an insurance wrap.' The concept, if California S.B. 1234 overcomes not-insignificant financial and legal hurdles, promises to upend conventional thinking over the utility of 401(k)-type plans for the private-sector workforce. It also may create a shift in thinking about fiduciary responsibilities of the employers that sponsor plans."
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