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...“If your company is considering reducing or suspending employer-matching or profit-sharing plan contributions, it may be possible to do so,” says Ms Fiumara. “But proceed cautiously....
...BoE should be much more forthcoming in sharing its views on the prospects for the economy, sharing a range of meaningful forecasts with the public rather than opting for a fudge....
...One measure Mr Drabble says he is more ashamed of than anything else: the suspension of 401(k) retirement plan payments for US employees....
...plans where profits are greater,” he says....
...David Wray, president of the Profit Sharing Council of America....
...The annual package of bonuses, which include cash bonuses and additional contributions to pension savings accounts, comes as several troubled retailers have suspended contributions to their staff’s 401(k...
...Mr Kashkari also held between $15,000 and $50,000 as part of Goldman’s 401(k) profit-sharing plan. The money was invested in an S&P index and an international index fund....
...Twenty years ago, the percentage of eligible employees participating in 401(k) plans was 38 per cent; today it is 75 per cent, according to the Profit Sharing/401k Council of America, a non-profit association...
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