U.S. corporate pension plans will remain underfunded at the end of this year but could reach full funding in 2018 if interest rates increase as expected, according to Moody’s Investors Service. Read more.
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With an economic slowdown inevitably coming, here are four strategies to employ in advance to protect your company from disaster.
A gradual increase in the Federal Funds rate could push pension plans of U.S. issuers to fully funded status by the end of 2019.
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A proposal to postpone the despised excise tax is an 11th-hour inclusion in the federal budget bill.
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The long-anticipated rate hike to 0.25% will be followed by a “gradual” tightening of monetary policy, the central bank emphasizes.
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