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PRC Perspectives Blog

Cashed Out: Congress might make it easier for people to dip into their 401(k)s

Posted by Joellen Leavelle on July 03, 2008

In down economic times, it isn’t uncommon for people to feel the urge to dip into their assets to help make ends meet. Therefore, it isn’t a surprise to hear that more and more people are borrowing from their 401(k) plans for a little extra cash. Some people are even paying hefty taxes to permanently withdraw money from their 401(k)s . More...

How do you get young people thinking about pensions?

Posted by on June 25, 2008
Investment & Pensions Europe reports on a Swedish company’s efforts to address this perennial question.  They ran a multi-media ad campaign that was creative enough to win an international advertising award.  (An explanation of the campaign that was prepared for the competition was posted on YouTube and can be viewed here.) More...

Does Gannett's pension freeze leave its employees in the cold?

Posted by Rebecca Davis on June 18, 2008
You may have read that last week newspaper publisher Gannett announced that it will freeze its pension plan for all employees as of August 1, 2008. The company announced the freeze and details of its plan to “enhance” the company 401(k) in a memo sent to employees.

Gannett is just one of many employers that we have added to our growing list of companies that have changed their defined benefit plans. More...

Welcome to our new blog!

Posted by on June 16, 2008

Welcome to the Pension Rights Center’s blog, an opportunity for us to comment on developments in the pension world – and to hear from you! More...

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