Archive:
Having recently argued that Bitcoin does not belong in 401(k) plans, a reporter asked me my view regarding private equity. While private equity – unlike Bitcoin – passes the threshold test under ERISA of being a generally acceptable asset class to a broad group of investors – most importantly trustees of defined benefit plans –…
In 2000, Social Security launched a website allowing retirees to sign up for their benefits online without having to call or visit the agency. By 2013, about half of new retirees were using this feature to file their claims. However, progress stalled after that, despite continued growth in the number of baby boomers who wer…
