401(k) Fridays Podcast

Stable value funds, what are they, how do they work and what should you consider if you have one, thinking about moving to a new one or making the switch from a money market account.  My guest, Bob Madore, a Vice President and Stable Value Portfolio Manager with T. Rowe Price answers these questions and much more.  I start out with a pretty pointed question right out of the gate that sets the tone for the rest of the conversation.  We also cover in great detail the impact of interest rates on stable value funds, why managers have been enforcing their exit provisions and clarify some confusing terms and concepts around stable value.  This is a must listen and very timely.   Guest Bio Bob Madore is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Madore has lead portfolio management responsibilities for the Stable Value Strategy as well as several large Stable Asset Management team accounts. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Pr