What economists can tell us about retirement-plan design
Tomas Dvorak, chair of the Economics Department, wrote an op-ed on college retirement plans that was published in The Chronicle of Higher Education. His research interests are in the design of retirement plans, performance measurement, financial literacy and conflicts of interest in financial markets. His work has been published in top academic journals including the Quarterly Journal of Economics, the Journal of Finance, the B.E. Journal of Economic Analysis & Policy and the Journal of Retirement.
He recently published a study in the Journal of Pension Economics and Finance, "Do 401K plan advisors take their own advice?"
Dvorak also serves as a fiduciary of Union College’s defined contribution retirement plan.
To read his op-ed in the Chronicle, click here (subscription may be required).