David Wray
David Wray
analyze array asset best bottom broad choice choices companies enter hard investment line people possible prepared process teach tried work
Most Americans do not enter the work financially prepared to analyze a broad array of choices and make the best possible asset allocation. Companies have tried hard to teach them. But the bottom line is that if more people are to participate, the investment process has to be simpler.
greater hardship reason withdraw
What greater hardship can you have as a reason to withdraw your own money?
bills expect pour time
We expect over 30 bills by the time this is over. The bills are going to pour in.
employers looking people walk
Employers are looking ahead. They want to find out what people want before they walk in the door.
bad good nature
Profit-sharing by its nature is uncertain. Sometimes you have a good year. Sometimes you have a bad year,
came example franklin gratitude joy linda living matter
Linda Franklin will be missed. She was an extraordinary example of living with joy and gratitude no matter what came her way.
account balance borrow half payroll
You can borrow up to half the account balance or $50,000, whichever is less. But if you borrow, you have to repay, typically through a payroll deduction.
additional benefit company implement law mean opportunity passes program provide voluntary
Just because someone passes a law in Washington, D.C., to provide an additional voluntary opportunity in a benefit program doesn't mean a company has to immediately implement it.
argument bottom compelling speaks
Have a compelling argument that speaks to the bottom line.
choose employer
If they choose XYZ Boiler Room, the employer is on the hook,
factor matching
When times are tough, your matching contributions are going to go down. It's a factor of profitability.
designed ensure limits none plan
The plan will be designed to ensure that none of these (and other) limits are violated.
common feature few next plans
This will be a common feature of plans over the next few years.
commitment companies examples good rest trying wonderful
It is wonderful to see companies who have the commitment that these companies show. They are really trying to do the right thing with their workforce. They are good examples for the rest of American business.