Pension News

Thinking about tapping into your 401(k) early? Think again - at least if you want a shot at a secure retirement. (more…)

Certain rules in the Internal Revenue Code are designed to prevent employers from discriminating against non-highly paid employees in their pension plans. Unfortunately for the retirement security of their employees, some employers look for ways to get around the nondiscrimination rules. (more…)

Have you heard that the government is planning to seize your 401(k) and use the money to send monkeys to Mars? Well, we haven’t heard about the monkey part, but some people are making the claim that the government is gunning for workers’ 401(k)s. (more…)

Dow Jones Newswires reports that the Internal Revenue Service has released rules clarifying when participants in 401(k) plans can sell company stock held in their accounts.  (more…)

We hope you’ve found our series of blog entries on divorce and retirement assets to be informative. In today’s final blog entry we have listed several additional resources that provide additional information on divorce and retirement assets. (more…)

Often divorcing couples will opt to divide their marital property by giving one spouse the home and the other spouse the pension.  This easy way of dividing marital property may leave one spouse at a disadvantage that isn’t recognized until retirement.  (more…)

In order to receive retirement benefits that have been awarded in a divorce, it is important to obtain a court order, which tells retirement plans how to divide and pay benefits to the divorced couple. For private retirement plans, these court orders are called Qualified Domestic Relations Orders or QDROs. Other retirement systems call them Domestic Relations Orders or DROs.  (more…)

Did you know that, in general, retirement assets earned during a marriage are marital property in the same way that a house and a savings account are?  (more…)

What better time than the week after Valentine’s Day to devote a week’s worth of blog entries to divorce?  This is the first in a series of blog entries focusing on issues involving divorce and retirement. Enjoy! (more…)

As I was reading the most recent edition of the Private Pension Plan Bulletin Abstract of 2007 Form 5500 Annual Reports [PDF], published by the Labor Department’s Employee Benefits Security Administration, I noticed something rather odd in one of the footnotes.  (more…)