From Worry to Wellness
In today’s fast-paced world, financial stress is an overwhelming burden many employees carry with them every day. It is not just about the dollars and cents; it is about peace of mind and the ability to focus on work without the constant worry of financial woes.
Accounting for Float Income in Retirement Plans
As individuals plan for their retirement, they often focus on traditional investment vehicles such as stocks, bonds and mutual funds. However, another aspect of retirement planning that is gaining attention is float income. Float income refers to the interest or returns earned by financial institutions on funds temporarily held before they are paid out.
Strategies to Reduce PBGC Premiums
The PBGC, or the Pension Benefit Guaranty Corporation, is a U.S. government agency responsible for protecting the retirement incomes of private sector employees with defined benefit plans.1 One can think of the PBGC as an insurance company for pension plans.
