Hints and tips:
...Congress has passed two reform packages in the past five years aimed at making 401(k) and other retirement plans more comprehensive and effective....
...“ETFs are generally excluded from the approximately $6.6tn 401(k) marketplace primarily due to technology limitations of 401(k) record-keeping systems,” it said in the filing....
...Auto-enrolment schemes where employers contributed alongside employees, similar to existing 401(k) plans, would deliver higher pension benefits but were likely to capture fewer workers because more companies...
...(k) Market (BBG) Energy Source is back...
...(k) pensions are rife....
...To make a 401(k)-based system work, you have to contribute steadily to it for 40 years and that requires a lot of self-management” — not to mention spare cash to put into it....
...It also significantly cut back on the money our hospitals, our cities, our states, our medical workers and so many others needed during this crisis”.) 3:00pm GMT - Okay. Deep breath....
...It was a risk, but as other companies retrenched, we continued to invest in our people and services, expanded overseas and laid the groundwork for a new offering focused on small-business 401 (k) plans....
...Amin Rajan, chief executive of Create Research, a consultancy, said IRAs tend to have a 20-35 per cent exposure to equities, compared with 45-60 per cent in 401(k) plans....
...Consider definedcontribution retirement plans like 401(k)s....
...At the same time, retiring baby boomers have been withdrawing from equity mutual funds, the principal vehicle for 401(k) plans....
...The plans mimic the switch that many companies have made from traditional pension schemes to the 401(k) programmes that give employees greater choice while assuming more risk....
...What is horrifying is the thought of such a company managing your 401(k) or other investment. Troubling too is the prospect of what a series of glitches could do to the global economy....
...Such plans are also known as 401(k) plans, drawing their name from a section of the Internal Revenue Code....
...When financial markets around the world dropped sharply in 2008, 401(k) plans, too, were hit....
...Vanguard has a long-standing reputation in the US 401(k) market. It manages more than $400bn in institutional assets and its DC record-keeping division serves more than 1,800 plan sponsors....
...T Rowe Price has been developing communications and advice platforms for DC pension schemes since the establishment of the US 401(k) plans in 1978....
...(k) savings plans....
...AIG provides insurance protection to more than 100,000 entities, including small businesses, municipalities, 401(k) plans, and Fortune 500 companies who together employ over 100 million Americans....
...That trend is playing out in target-date funds, which have taken 401(k)s by storm since they were selected as one of the investment vehicles employers could use to automatically enrol their employees into...
...The 401(k) has been rolled over into a Vanguard fund....
...(k) plans had purchased $40 billion of insurance from AIG against the risk of loss would have seen that insurance disappear; and holders of AIG’s substantial quantities of commercial paper would have also...
...Countrywide Financial Corp: filed ostensibly on behalf of a putative class of participants in the Company’s 401(k) retirement plan whose retirement account contributions were voluntarily matched by the Company...
...Business suffered a defeat in another case on Wednesday, in which the justices ruled that workers who invest in 401(k) and other retirement plans can file suits claiming their individual accounts were mishandled...
...Americans have savings concentrated in equities, generally in vehicles (such as 401(k) pension plans) whose value is very transparent....
International Edition