HomeQDIA

QDIA

  • Target Fund Dates: Surprising Facts

    • January 29, 2020
    • Posted by: Jeff Atwell
    • Category: Financial Plan, Resources
    No Comments

    In 2006 the Pension Protection Act added Qualified Default Investment Alternative regulations, QDIA, to ERISA.  One of the 3 QDIA alternatives a Plan Fiduciary could choose as a safe harbor investment is a Target Date Fund.  As a result, the amount of 401(k) assets being deposited into Target Date Funds has increased substantially over the years. 

    Read More

  • Inspiring Participants and Perceptions of Risk

    • December 16, 2019
    • Posted by: Jeff Atwell
    • Category: Financial Plan, Resources
    No Comments
    risk

    A key element in Defining a Retirement Plan Standard of Excellence is inspiring participants to save for retirement. Most participants do not have the time, knowledge, or inclination to make good investment decisions and emotions play an important role in the participant’s investment decisions. At some point there will be a test of the quality of the QDIA being utilized in the Plan.  It is imperative Plan Fiduciaries devote time to properly evaluate the Plan’s QDIA or engage an expert to assist them in doing so.

    Read More