On Monday, March 3, 1913, clad in a white cape astride a white horse, lawyer Inez Milholland led the great woman suffrage parade down Pennsylvania Avenue in the nation's capital. Behind her stretched a long line with nine bands, four mounted brigades, three heralds, about twenty-four floats, and more than 5,000 marchers. 3
When a retirement plan is fully funded, it's the result either of money you've contributed or of cash deposited by your employer. A fully funded retirement plan is one in which the participants -- either the plan member or plan sponsor -- are maximizing the available resources to adequately prepare for your retirement. Once you or your employer have done your part to get the plan well-funded, it's up to the investments in which the money is directed to keep the funding status strong.
One of the first is the type of funding used to finance these benefits. In the health insurance marketplace there are primarily two types of funding an employer group can choose: self-insured and fully-insured.The essential difference between the plans is who assumes the risk for the claims generated by the employees. In a fully-insured plan the risk falls on the insurance company.