Industry Pros Comment On ERISA Advisory Council Draft Recommendations
Of Counsel Michelle Capezza was quoted by Fiduciary News in an article about the ERISA Advisory Council’s draft recommendations regarding the Qualified Default Investment Alternatives (QDIA) in certain phases of retirement.
Michelle says, “Comprehensive tips or best practices regarding selection of evolving forms of QDIAs (including as lifetime income options) would be helpful to plan sponsors and participants, but it should be clear that they are reasonable guideposts to consider under applicable facts and circumstances and not mandates.”
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