A group of associations, including the ERISA Industry Committee (ERIC) celebrated the 40th anniversary of the Employee Retirement Income Security Act (ERISA) by highlighting providing forty facts about ERISA and the private employer-provided system. The summary includes interesting information about the law, including that at the end of June 2014, average real retirement assets per U.S. household stood at $190,600 (in 2013 dollars)—more than six times higher than in 1975. The summary also explains that “Retirement savings arrangements play an important role in the capital markets. This pool of capital helps to finance productivity-enhancing investments and business expansion.”
To read more, click
here.
No comments:
Post a Comment
Please be aware that all comments are moderated before posting. As a result, there may be a delay between the time you submit a comment and when it is posted.