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Forrestall CPAs, LLC
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The DB vs. DC Debate: Focus Should Be on Outcomes, Not Performance
Institutional Investor Link to more items from this source
Aug. 5, 2013
"Richard Hiller, senior vice president [at TIAA-CREF] argues that the performance of retirement plans should be evaluated and compared on the basis of the intended objective.... Hiller believes that a well-designed defined contribution plan can deliver the same level of retirement benefits as a good defined benefit plan... '[A] lot of what's going on in the 401(k) world today is to try to make those plans more of a true retirement plan than a supplemental plan.'"

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