Job Posting: Relationship Manager-Stable Value Investment Only with New York Life
Date: Nov 29, 2021 Location: Westwood, MA, US Company: New York Life Insurance Co When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources […]
Look Before You Leap: Stable Value versus IRA Rollovers
Employer sponsored plans are often able to offer unique advantages and less expensive investment options but most importantly, qualified retirement plans are the only place you can access stable value solutions.
Why can’t I find a “ticker” for my stable value investment option?
Stable value investment options do not exist in publicly available investment vehicles, such as mutual funds.
Is there a stable value fund for my IRA or taxable brokerage account?
Because of regulatory rules, stable value as an asset class is not available in either IRAs or taxable accounts.
What is an equity wash and why is it required with stable value?
An equity wash is a contractual provision in a stable value investment option that requires any transfer a participant makes from the stable value investment option to a competing option to first be directed to any other investment option for a period.
Is stable value regulated?
Yes, stable value investment options, investment contracts, investment managers, and other service providers such as insurance companies involved in stable value have multiple layers of regulatory oversight.
What types of contracts are used in stable value funds?
In stable value, GICs, wrap contracts, and group annuity contracts are used to help deliver stable value.
How does stable value compare to other investment options?
Over a business cycle, most stable value investment options have historically provided gross returns similar to short- to intermediate-maturity bond strategies but without the daily mark-to-market volatility.
What are the risks of investing in stable value?
Although stable value has a long, well established track record of preserving capital, providing liquidity, and generating steady, positive returns, it is important to recognize that all investments have risks.
