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401(k) match

Have 401(k)s Failed Participants?

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Experts argue merits, areas for improvement to 401(k) plans

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Will 401(k) plans keep getting worse?

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IBM, one of America's largest companies, shook the employee compensation world when it announced recently that it would contribute only once every December to its employees' 401(k) accounts. Any employee who leaves before December would not be able to collect the company's match.

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Benefits Leader Reins In 401(k)s

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International Business Machines Corp., a bellwether for employee benefits, is overhauling its retirement program to contribute once a year to employee 401(k) accounts in a lump-sum payment.

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IBM remakes its match

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If your company matches your retirement savings, that payment probably shows up on your pay stub every other week or so. This week IBM notified employees it’s changing its 401(k) match. The company will make one lump-sum payment per year. What’s the difference? Potentially, a lot of money.

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Best Buy's 401(k) Meltdown

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As hard as times are for investors in Best Buy’s shares, far grimmer is the plight of the 110,000 employees participating in the company’s approximately $1 billion 401(k) plan.

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Defined-Contribution-Plan Sponsors Shore Up Their Matching Contributions

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In the wake of the 2008 economic crisis, many companies with defined contribution pension plans stopped matching employee savings.

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“De-Risking” Pensions Could be Risky to Pensioners

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WASHINGTON -- In the wake of moves by several large companies to “de-risk” their traditional pension plans, the Pension Rights Center is calling for a moratorium on such actions until Congress can look into the risks posed by these strategies to workers and retirees.

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NFL sacks referees’ retirement security

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If you’re a sports fan, chances are that you’ve heard about the standoff between the NFL and its referees. The impasse, resolved on Thursday, resulted in three weeks of officiating by replacement referees who, according to some, fumbled more calls than the players. For many, this would have been the news. However, we at the Pension Rights Center

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Should the 401(k) Be Reformed or Replaced?

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John Greene worked for 30 years at an Oscar Mayer plant in Madison, Wis., deboning hams and loading boxes of hot dogs. His plan grew to $60,000, and soon after retiring he began withdrawing $3,600 a year from it, money that allowed him and his wife to take what he called a wondrous two-week trip to Scotland, his ancestral homeland.

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For Top Executives, Richer Retirement Plans

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With traditional pensions disappearing, tax rates and the future of Social Security in flux and even well-known businesses facing financial trouble, many workers are worried that their company retirement plans will not provide enough income.

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