Dallas Salisbury Quotes on Planning (5 Quotes)


    The PBGC report misses much of what has been happening among defined benefit plans.

    I am an extraordinary fan of defined benefit plans, but the world has in fact dramatically changed. If the offset is that companies start aggressively encouraging people to save and provide financial literacy education, that may be a very positive silver lining.

    Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.

    I think it will (lead to greater participation). The component that will make that happen will be the ability to enroll in the plan online and make changes in enrollment status.

    The easiest thing to do is leave (your savings) in the plan, ... If you like the investment options you have, you may want to leave it there.



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