Month: June 2010
And the rich get richer…
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. Instead of sponsoring pension plans that treat all participants equally, some employers circumvent the rules […]
Statement of Karen Friedman on restoring 401(k) fee disclosure provisions to the American Jobs and Closing Tax Loopholes Act of 2010 (June 16, 2010)
PRC Executive Vice President and Policy Director Karen Friedman spoke at a press conference calling on the Senate to restore 401(k) fee disclosure provisions to H.R. 4213.
PRC letter to the U.S. Senate regarding 401(k) fee disclosure provisions in H.R. 4213
June 8, 2010: The Pension Rights Center sent a letter to Senator Max Baucus and the rest of the U.S. Senate, expressing its strong support for provisions in H.R. 4213 that require better disclosure of 401(k) fees.
Think the government is after your 401(k)? Think again.
By Kyle Garrett 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. Let’s start with the facts. First, two governmental agencies (the […]