Dallas Salisbury
Dallas Salisbury
benefit carrying caused companies cost defined element move relative structure
Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.
create federal fewer functional magnitude million people problems program social system thrift trying
The magnitude for trying to create an administrative system and make it functional for 140 million people (in Social Security) could be done, but it will take years. The federal thrift program is having problems and that's a lot fewer people.
easiest investment leave options
The easiest thing to do is leave (your savings) in the plan, ... If you like the investment options you have, you may want to leave it there.