Browsing Tag
Government Accountability Office (GAO)
20 posts
Rep. Neal Pushes GAO to Investigate Private Assets in 401(k) Plans
The lawmaker posed concerns over the investment’s exposure to retirement plans and the reliability of the companies offering the funds
Crypto Usage Represents Less than 1% of DC Plan Investments
The GAO report also lists recommendations for the DOL to improve federal monitoring of crypto in 401(k) plans
Action Needed Now on Social Security Reform: GAO
New report explores various options policymakers could employ to shore up program’s troubled finances
Back to the Future: Conduit (Roth) IRAs
Before “dashboards,” GAO should embrace the Conduit (Roth) IRA—A superior solution for consolidating retirement savings
Divide Doubles Between High, Low-Income Worker Retirement Account Balances
GAO report says lawmakers concerned current tax incentives heavily favor wealthy savers after report finds gap in account balances more than doubled from 2007-2019
GAO Asks DOL to Focus on 403(b) Plans
The report looks at improvements that Department of Labor could make in supporting ERISA and non-ERISA 403(b) plans
Powerful Congressman Wants 401(k) Crypto Answers
'This is an extremely troubling precedent...'
4 in 10 Participants Don’t Understand 401(k) Fees—Or Know They Even Pay Them
Almost 40% of 401(k) plan participants do not fully understand and have difficulty using the fee information that…
Concern Over ‘Certain’ TDF Risks Prompt Congressional Request for GAO Review
Concern over “certain aspects” of target-date funds prompted Chairs of two congressional committees to send a letter to…
GAO to DOL: ‘Provide 401(k) Cybersecurity Guidance’
Cybersecurity risk in 401(k) accounts is a growing problem, and now the Government Accountability Office (GAO) is telling…