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.
This Investment Won’t Save Your Retirement
A retirement savings crisis is brewing, and millions of workers are unprepared for the financial consequences.
Older workers can shine — but will they get chance?
Employers stay wary even as BMW pilot program demonstrates productivity. Part 3 of a 3-part series.
Insurers Press U.S. to Let Employers Offer Annuities in Retirement Plans
It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, insurers told Labor and Treasury department officials today.
Baby boomers long to retire, but can’t
The sad reality is that many members of the baby boom generation are shell-shocked from their recession-related financial losses and have no idea what kind of shape they are in for retirement. Part 2 of a 3-part series.
Economy Takes a Toll on Retirement Planning Process
Ameriprise Financial’s second New Retirement Mindscape study finds significant changes compared to 2005 among those three to five years away from retirement.
Millions of Americans confront uncertain futures
Growing old has never been for wimps. But now it’s really getting tough. Part 1 of a 3-part series.
Better 401(k)s = good retirements
Today is National 401(k) Day. If you run out to buy a card, make it a sympathy card because the advent of the 401(k) as a primary retirement savings plan is nothing to celebrate.
Choosing between a monthly pension or lump-sum payout?
These three recent developments should factor into your decision.
Adding 401(k) Perks, But Not a Match
A growing number of employers are providing their workers with new 401(k) plan features, such as investment advice and more fund choices. But companies have been slow to resume or increase cash contributions to 401(k) plans.
Why Your Retirement’s Getting Riskier
If you’re pining for the good old days before high inflation ruined your retirement, you may be missing the big picture. Government policy alone isn’t to blame for Americans’ need to fuel their retirements with ever-greater returns — and ever-riskier investments.
