Tennessee Department of the Treasury, Nashville, is searching for a third-party administrator for the state's $5.6 billion 401(k) plan and $791 million 457 plan.
The department has issued an RFP due to the upcoming expiration of the contract of current administrator Empower Retirement, said…
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"I have grown deeply concerned that the actions of New York investment firms, however, are jeopardizing this system and failing to uphold their fiduciary responsibilities to us," McRae wrote.
On Monday, Treasurer David McRae issued a letter to the Public Employees' Retirement System of Mississippi
Submitted by State Treasurer David McRae
"If you’d like to beat the rush at the mall and the endless scrolling on Amazon, consider funding a 529 College Savings plan instead," writes McRae.
I know it’s not yet Thanksgiving (and the weather as of late is hardly wintery), but the fall decorations have
Submitted by State Treasurer David McRae
Environmental, Social, and Governance standards undermine competition, eliminate choice, and drive up prices.
I’ve talked a lot recently about the impact of Environmental, Social, and Governance (ESG) standards on Mississippi’s investments, citizens’ college