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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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AT&T Proposes Massive Dump of Company Stock Into Pension

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Brace yourselves, AT&T pensioners. If AT&T has its way, your pension fund will soon be exposed to, in my opinion, imprudent, avoidable investment risks that ERISA, the federal law governing retirement plan assets, was designed to protect against.

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Defending Your 401(k)

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If you think your company may go bankrupt, more than your job is at risk. Your retirement account may also be in jeopardy.

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The next opponent for Wall Street banks? Their own employees

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Drop in stock prices could trigger worker suits over 401(k) plans; diversification the issue

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Owning your company's stock, toxic or not?

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Buying stock that then falls sharply is painful, especially for investors who also happen to be company employees.

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PBGC urges bankruptcy court to protect pensions for Harry & David employees

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The Pension Benefit Guaranty Corporation (PBGC) recently announced that it has asked a bankruptcy court to continue the company’s defined benefit pension plan, siding with the employees and retirees of Harry & David Holdings Inc.

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Court Grants Class Certification in First Horizon 401(k) Suit

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The U.S. District Court for the Western District of Tennessee has granted conditional class certification in a lawsuit concerning the 401(k) plan of First Horizon National Corporation.

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Company stock isn’t best bet for employees’ retirement

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Nearly a decade after Enron's collapse, many workers still haven't learned one of that episode's clearest lessons: Don't bet your nest egg on the place you work.

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New I.R.S. rules clarify when participants can sell company stock in 401(k) plans

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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...

Does it have to be all or nothing?

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For the past several months, the PRC has been maintaining a list of companies that have reduced or stopped matches to their 401(k) plans.  When the economy takes a turn for the worse as it has in the past year, companies view cutting 401(k) matches as an easy way to reduce costs.  Recently, Business Management Daily published an article for employers on how to break the news to employees and how to encourage employees to continue saving despite the loss of the match.  More...

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