Archive for August, 2009
Obama seeks cap on federal pay raises (USA Today)
By admin at 31 August, 2009, 8:33 pm
President Obama urged Congress Monday to limit cost-of-living pay raises to 2% for 1.3 million federal employees in 2010, extending an income squeeze that has hit private workers and threatens Social Security recipients and even 401(k) investors.
Read More >>New Investment Options for Your 401(k) (US News & World Report)
By admin at 31 August, 2009, 1:31 pm
Employers are shaking up their 401(k) investment line up and pension fund asset allocation
Read More >>The future of the 401(k) (CNN Money)
By admin at 31 August, 2009, 8:14 am
Last year’s meltdown was a sobering moment for 401(k) holders who were used to a market that only went up. Many of them thought of investing as risk free.
Read More >>In This Corner: Who is getting rich from my 401(k)? Not me (The Scranton Times-Tribune)
By admin at 30 August, 2009, 1:26 am
Workers have long counted on their 401(k) plans to sustain them during retirement, only to watch helplessly as they plummet in value. With hints that the worst of the economic meltdown may finally be over, 401(k) participants are looking for direction an
Read More >>401(k) losses may put off retirement (Detroit Free Press)
By admin at 30 August, 2009, 12:40 am
As employers review offering buyouts or making changes in their 401(k) plans, they need to realize that they could be looking at two audiences.
Read More >>Limits on Social Security benefits, 401(k) allocations loom (The Clarion-Ledger)
By admin at 30 August, 2009, 12:27 am
Low inflation has made food and gas more affordable during the recession, but there’s a downside: Social Security beneficiaries probably won’t get a raise next year, and the IRS may reduce the amount workers can contribute to their 401(k) plans.
Read More >>401(k)O
By admin at 29 August, 2009, 10:10 pm
There are two words that represent a dream for nearly every worker
Read More >>Web Wealth: 401(k) (The Philadelphia Inquirer)
By admin at 29 August, 2009, 10:01 pm
Keeping track of your 401(k) retirement plan is more challenging than ever. What if your boss cuts the company contribution? Or, how can you begin to make up for recent losses
Read More >>Defunct Comtel Communications Inc. sued over 401(k) money (Pittsburgh Tribune-Review)
By admin at 28 August, 2009, 11:03 pm
The Department of Labor said it sued Patrick P. Bane of Brentwood, president of the defunct Comtel Communications Inc.
Read More >>Vail Valley: What should you do with 401(k) after a layoff? (The Vail Trail)
By admin at 27 August, 2009, 4:02 pm
Before you cash out your 401(k), make sure you understand what’s involved
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