Arnerich Massena’s Math & Science Summer Camp, which is in full swing, hosted a visitor from The Oregonian on June 17; reporter Larry Bingham came to learn about the I AM Learning Partnership and snap photographs of the kids in action. Read more
As investment advisors, our job is to help our clients make financial and investment decisions. One of the things we watch out for when advising clients is decision-making bias, which can cloud judgment without peoples’ awareness. Studies in behavioral economics have demonstrated a number of ways in which people make irrational decisions, particularly when it comes to financial matters. Read more
The Employee Benefits Security Administration (EBSA), an agency of the Department of Labor, believes that “illustrating an account balance as a lifetime income stream will help workers in defined contribution plans to better prepare for retirement.” For this reason, the agency has issued an “advance notice of proposed rulemaking” (ANPRM) requesting comments on whether (and how) an estimated lifetime income stream could be illustrated on participant statements.