Jump to Navigation
Jump to Content

401(k) plans

401(k) rollover study triggers call for action

News Item

A new Government Accountability Office report highlighting the pitfalls of rolling over 401(k) plan accounts is sparking demand for clearer procedures and stronger consumer protections from companies and the federal government.

More...

Borrowing against the future with a 401(k) loan

Blog entry

Thinking about taking a loan from your 401(k) plan? Think again. It’s no secret that many Americans were hit hard and are still struggling to recover from the financial crisis. Even those who weren’t laid off or downsized during the recent recession may think of their 401(k) accounts as piggy banks instead of the retirement plans that they are.

More...

Dow Jones Hits 'Record High' Thanks To Strong Performances From Smoke, Mirrors Sectors

News Item

This week, amid the hullabaloo over President Barack Obama's Deficit Dinner Diplomacy, and Sen. Rand Paul's 13-hour filibuster-cum-dissertation on drone strikes and civil liberties, financial news-watchers touted a milestone in their lives of Market Worship. We speak, of course, of the Dow Jones Industrial Average, which on Tuesday hit an "all-time high" of 14,253.77.

More...

401(k) Plans: Labor and IRS Could Improve the Rollover Process for Participants

Publication

401(k) plan participants separating from their employers must decide what to do with their plan savings. Many roll over their plan savings to IRAs. As GAO previously reported, there concern that participants may be encouraged to choose rollovers to IRAs in lieu of options that could be more in their interests.

More...

Have 401(k)s Failed Participants?

News Item

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

More...

A crucial step toward retirement security for the working class

News Item

The state has launched a plan to enable low-wage earners to put aside 3% of their pay for retirement. But it's going to take more than two years to get it going.

More...

Fiscal trouble ahead for most future retirees

News Item

For the first time since the New Deal, a majority of Americans are headed toward a retirement in which they will be financially worse off than their parents, jeopardizing a long era of improved living standards for the nation’s elderly, according to a growing consensus of new research.

More...

401(k) Plans in 2010: An Update from the SCF (July 2012)

Publication

The release of the Federal Reserve’s 2010 Survey of Consumer Finances (SCF) is a great opportunity to assess how conflicting forces – the maturation of the system and the Pension Protection Act of 2006 on the one hand and the devastating effects of the 2008 financial collapse and Great Recession on the other hand – have affected workers’ 401(k) accounts.

More...

Rethinking savings plans as struggling Americans raid 401(k)s

News Item

For too many of Vada Lindsey's lower-income clients, their hard-earned 401(k) accounts become go-to emergency funds when they are faced with unexpected cash needs.

More...

The $19.4 trillion minute

News Item

There comes a moment in a retiring worker's life when he has to decide what to do with the money in his 401(k) plan.

More...
print Syndicate content