Archive for January, 2010
Complete Metro Business calendar for week of Feb. 1 (Richmond Times-Dispatch)
By admin at 31 January, 2010, 10:17 pm
MONDAY, FEB. 1 Career-Prospectors, http://www.career-prospectors.com, a job-search networking group, meets every Monday at 7:30 a.m. in the conference room at Long & Foster, 9321 Midlothian Turnpike
Read More >>New yardstick Target Date Metric can help investors sort through retirement-year mutual fund choices (New York Daily News)
By admin at 31 January, 2010, 8:07 pm
There’s a good chance that your employer’s 401(k) plan offers a target date fund as a retirement investment option.
Read More >>In bad company (Worcester Telegram & Gazette)
By admin at 31 January, 2010, 2:35 am
My dumbest investment has been keeping too much of my 401(k) money in my employer’s stock. Shares have fallen from $47 in February 2007 to close to $1 recently.
Read More >>Help wanted (Memphis Commercial Appeal)
By admin at 30 January, 2010, 11:08 pm
WASHINGTON — Beltway talking heads chat cheerfully about increases in the Gross Domestic Product and stock market gains fueling higher 401(k) balances. After all, the president’s chief economic adviser told us in December that “everyone agrees that the recession is over.” But for some there’s a nagging sense that pundits and policy advisers might not have a feel for conditions in Hickory Hill …
Read More >>Retirement Savings, Without The Strings (Forbes)
By admin at 29 January, 2010, 10:02 am
For the young and those without emergency funds, the Roth IRA often beats out a 401(k).
Read More >>401(k) Problem: Could You Live on $3,100 a Year?
By admin at 29 January, 2010, 8:28 am
A new industry-backed study says people are happy with their 401(k) accounts. But the average retirement account holds only enough money to provide retirees with $3100 a year in income. That’s not enough.
Read More >>Survey: 84% Would Welcome Fully Automated 401(k) Plans (Financial Planning.com)
By admin at 29 January, 2010, 7:08 am
The Recession has prompted an overwhelming majority of American workers to believe it s time for a new and improved model for workplace retirement programs, Prudential Financial [PRU] found in a survey.
Read More >>U.K. Stocks Advance; Barclays, HSBC, Rio Tinto Lead Gains (Bloomberg)
By admin at 29 January, 2010, 2:35 am
Jan. 29 (Bloomberg) — U.K. stocks climbed for the first time in three days, with the FTSE 100 Index trimming its third straight weekly drop, as banks and mining companies rose.
Read More >>New Novarica Report on BrightScope.com Details Tectonic Changes Coming to 401(k) Industry (Business Wire via Yahoo! Finance)
By admin at 28 January, 2010, 7:05 am
NEW YORK—-According to a new report from research and advisory firm Novarica , a new development in the 401 space may put trillions of dollars into play for advisors and plan manufacturers, while also exposing legal and fiduciary liability for plan sponsors.
Read More >>401(k) loan from old job unlikely (Bankrate.com via Yahoo! Finance)
By admin at 28 January, 2010, 4:00 am
A company is unlikely to allow an ex-employee to take out a 401 loan, but it can’t hurt to ask.
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