Displaying 7837 results
Fewer Americans saving for retirement, survey says
A declining percentage of Americans believe they are saving enough for retirement, according to a survey released today by the Consumer Federation of America.
Richest 401(k) participants hit hardest
While all 401(k) investors have sustained significant losses in the last year, no one has suffered more than the wealthiest 401(k) participants.
Presenting retirement services to targeted companies
The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming bigger than ever.
ASPPA: Employers need a break from required contributions
ASPPA is asking the government to give employers a break from rules that require many companies to contribute 3% to their employees’ 401(k) plans.
Plan sponsors’ use of target funds jumps
Employers persuaded their employees to put their 401(k) investments in the stock market, but now they are trying to persuade them not to abandon their investments.
EBRI director: Target date funds better bet right now
It will take investors two to five years to recover from the losses that they have endured in the past year in their 401(k) plans, one industry expert said.
Retirement savings weak before storm hit
Retirement accounts have taken a huge hit since the markets tanked, but they were already in trouble because most consumers weren’t saving enough even when times were good, according to one industry leader.
Time for a financial heart-to-heart?
As Valentine’s Day approaches, Cupid’s arrow may snag that special partner, but be sure it doesn’t snag some financial troubles in the process.
Distribution holiday has its complications
No required minimum distributions for 2009
Taxes and new RMD waiver may not mix
A new law that gives retirees greater latitude in taking required minimum distributions could have negative tax implications, according to advisers.
Workers upped 401(k) contributions in ’08
Despite the financial crisis and plummeting markets, employees are still contributing to their 401(k) plans, an analysis from Boston-based Fidelity Investments released today showed.
Advisers could give 401(k) counsel under new rule
The Office of Management and Budget has cleared a Department of Labor rule that will allow financial advisers affiliated with mutual funds and brokerage firms to provide direct investment advice to 401(k) plan participants.
Planners form coalition to press reforms
The leaders of three financial planning organizations have formed a coalition to represent the industry as Congress works to reform the financial services industry.
WORRIES ABOUT A DROP IN 401(k) CONTRIBUTIONS PERMEATE MARKET
Financial advisers and industry veterans are worried that investors might reduce or halt their contributions to 401(k) plans if the economy worsens this year.
Don’t scrap 401(k)s, ICI president says
The mutual fund industry today attempted to make a pre-emptive strike against congressional efforts to reduce tax breaks for 401(k) plans or to make major changes in the system.
Target date funds gain traction in 401(k)s
More than 7% of 401(k) assets were invested in target date funds at the end of 2007 and 25% of 401(k) participants held the funds, according to an analysis released today.
IRS cuts non-profits slack on 403(b) regs
Those regs, slated to go into effect Jan. 1, require that retirement plans run by non-profit groups must have new plan document rules in place.
Fidelity and Amex team to bolster IRAs
Fidelity Investments of Boston today launched a program that allows investors to save for retirement while spending money.
Price cuts coming to 401(k) fees
In an effort to maintain a tight grip on retirement assets, some major 401(k) providers — including The Charles Schwab Corp. — are considering lowering the investment management fees they charge to employers.
It is time for IRA conversions
Before yearend, capitalize on low stock values by moving to Roth accounts.
