Retirement Industry
Goldman Trivia
Life in Retirement
100

This type of pooled investment vehicle is available to qualified retirement plans and offers participants lower fees and greater flexibility.

CIT

100

After over a century as a private partnership, Goldman Sachs went public with its initial public offering (IPO) in this year.

1999

100

The age at which Required Minimum Distributions (RMDs) from traditional IRAs and 401(k)s typically begin.

73

200

What landmark Retirement legislation was passed in 1974?

Employee Retirement Income Security Act of 1974 (ERISA)

200

This street was home to Goldman Sachs' first headquarters, a single room in a basement in the Financial District.

Pine Street

200

A common rule of thumb suggesting a safe initial withdrawal percentage from retirement savings.

4% Rule

300

This 2006 U.S. Federal Law was designed to secure retirement savings by introducing features like automatic enrollment and changing the default investments to TDFs.

Pension Protection Act

300

In 1986, Goldman Sachs served as a lead underwriter for the initial public offering of this technology giant, a pivotal moment in the rise of personal computing.

Microsoft

300

This common, and often recommended option, allows you to transfer funds from a previous employer's retirement plan into a personal retirement account, potentially offering greater investment flexibility and control.

IRA Rollover

400

This senator has his name on a prominent DC feature?

William Roth of Delaware

400

In 1979, this individual was the author of the 14 business principles.

John Whitehead

400

Bill Sharpe, a Nobel Prize-winning economist, described this challenging process of converting retirement savings into a usable, sustainable stream of income for life, often described as "the nastiest, hardest problem in finance".

Decumulation