Month: January 2011
401(k) Expenses Inch Slightly Higher
Here’s another consequence of the market downturn: 401(k) investments became slightly more expensive.
Retirement is hard work for many
Betty Lawrence says retirement is harder than all those years she worked in Bridgeport factories preparing for it.
Mercer: 401(k) participants still worry about jobs, retirement
Participants in 401(k) plans are optimistic about the direction of the overall economy but less confident about their own financial future, according to a Mercer survey.
Is Free 401(k) Advice Worth the Money?
For overworked, under-saved Americans, free, personalized investing advice at work may sound like a great opportunity. But…
Delphi retirees to get trial in pension suit
About 22,000 former white-collar Delphi workers’ quest to restore their full pension benefits received an important green light Friday.
The 401(k) Match’s Big Role in Retirement Security
A generous company 401(k) contribution can help propel you to a secure retirement. Employees without a 401(k) match will need to do even more saving on their own to produce an adequate retirement income.
Pension deficits and cash hoard of corporations
While U.S. corporations are hoarding record levels of cash on their balance sheets, their pension deficits have also soared.
Living on less in retirement
A lot of the talk about retirement planning focuses on big dollars — $1 million 401(k)s and maxing out Social Security by holding out until age 70, when you could potentially collect nearly $50,000 per year. For most people, retirement doesn’t work out this way.
Families struggle to build nest egg in wake of recession
For decades, Americans have largely counted on the stock markets and real estate to finance life’s biggest expenses, from their children’s college to retirement.
Senate passes Roth 401(k) rollover provision
Employers would be allowed to amend their 401(k) plans immediately to allow participants to roll over account balances into Roth 401(k) plan accounts under a bill the U.S. Senate passed Thursday.
A Hesitancy to Restore Those 401(k) Matches
Twice in the last decade — in 2002-3 and 2008-9 — thousands of companies suspended or shrank their 401(k) matching contributions to save money during economic downturns.
