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401(k)

Jan 23, 2017

Commentary: We don’t have to be flat broke in retirement

Of the many proposed legislative changes that might occur during the presidency of Donald Trump, the one with the highest probability of actually becoming law is a reduction in corporate tax rates. While we are considering making changes to the tax laws, I have a modest, related proposal that won’t cost very much and has […]

Dec 22, 2016

Keeping Your Balance: A look at retirement plans employers can offer

Both existing and start-up companies routinely seek to analyze whether they should offer a retirement plan and in doing so look to gain an understanding of what options are available and which best suit their current situation, budget or priorities. Retirement Plans are generally divided into two main categories: Defined Benefit Pension Plan or a […]

Dec 20, 2016

Money Management: Welcome 2017 with a plan to get financially fit

The presents are opened and the champagne has been uncorked. We think we are ready for all the fresh starts and resolutions that the New Year brings. Then the mailman brings you a bunch of love letters from a guy named “bill.” Why not make some financial resolutions that are practical and that we can […]

Nov 2, 2011

401(k) matches restored by 75% of companies

(Associated Press) — Most of the companies that suspended their 401(k) matches during the economic downturn have restored them, business consultant Towers Watson says in a study released Wednesday. An analysis of 260 mid- to large-sized companies shows that 75 percent have restored matching contributions to their employees’ 401(k) plans. Among those, about 74 percent […]

Sep 13, 2010

Companies study new 401(k) fees

Wal-Mart and Caterpillar were targets of recent lawsuits claiming the fees associated with their employee’s retirement plans were unreasonable. Wal-Mart is still fighting its suit, but Caterpillar settled and shelled out $16.5 million ...

Jun 4, 2010

401(k)Talk: Going solo with a 401(k)

In the past, 401(k)s generally were not the retirement plan of choice for sole proprietors and firms that employ only the owner or the owner and his or her spouse.

Jun 1, 2010

Money Management: Revisit participant-directed plans

It’s your first day on a new job and you are in the human resources office talking about the company’s 401(k) plan.

Feb 26, 2010

Biden announces savings safeguards

WASHINGTON, D.C. — The Obama administration on Friday proposed new regulations aimed at protecting workers’ retirement savings from unethical financial advisers.

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