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401k

The No. 1 Mistake People Make With Their Retirement Benefits

WiserAdvisor.com | Posted 07.31.2015 | Business
WiserAdvisor.com

The world of retirement benefits is complex terrain, peppered with minefields like fine print, tricky terminology, little-known exceptions and seemingly random rules. And what you don't know can (and will) come back to bite you.

No 401(k)? Here's How To Save For Retirement

David A. Dedman | Posted 07.30.2015 | Money
David A. Dedman

Are you one of the many people who don't have a 401(k) at work? Wondering how in the world you're going to save for retirement without one?

Exclusive: 401(k) Pitfalls and Practical Investing Advice For Americans Around That Crucial Age of 50

Buck Wargo | Posted 07.30.2015 | Fifty
Buck Wargo

Americans are woeful at saving for retirement -- and there's only so much the government can do about that. And that's why the newest changes in tax policy (plus newer ideas currently being tossed) can't make that big of a difference.

Why Social Security Beats All Rivals -- And the Case for Expanding It

Robert Kuttner | Posted 07.26.2015 | Politics
Robert Kuttner

Social Security demonstrates that public systems are often better than their private counterparts. The problem is that government-managed systems are only as good as their stewards. The only cure is stronger democracy, so that citizens who value good programs vote to elect leaders pledged to defend them.

Profile: Kimra Bettasso -- 401K Advice for a New Generation

David Jensen | Posted 07.22.2015 | Business
David Jensen

Kimra Bettasso is a Financial Consultant and Founder of 401k Retire Logic and 401k Legit. I asked her about her unique approach to this market.

Don't Take a Summer Vacation From Your 401(k)

Catherine Golladay | Posted 07.13.2015 | Business
Catherine Golladay

There are simple steps you can take to maximize your retirement savings and make 401(k) maintenance a more manageable pursuit. Here are my tips for staying on the right course this season and beyond

How to Start Investing for Less Than $100

Simple. Thrifty. Living. | Posted 07.07.2015 | Business
Simple. Thrifty. Living.

It's possible to invest for less than $100 and keep your fees at a minimum. Keep these tips in mind and you should be able to turn a small amount of money into an investment that lasts a lifetime.

Part 3: Valuable Tips for Parents of Millennials from the Gen Y Guy

Jerry Patterson | Posted 06.30.2015 | Business
Jerry Patterson

My visit with Jason followed on the heels of some extensive research I was involved in, to gain a better understanding of millennials' financial habits. That research illustrated a number of key themes that highlighted how to help millennials save money and prepare for the future.

The Supreme Court's Misplaced Ruling on 401(k) Plans

Robert Hiltonsmith | Posted 06.12.2015 | Business
Robert Hiltonsmith

The ruling's goal, protecting retirement savers from high fees and poor performance, is both admirable and desperately needed. However, the firms actually responsible for investing 401(k) assets -- the financial services industry -- should be accountable for the performance of their investment products, not employers.

The First-Time 401(k) Saver's Guide

Catherine Golladay | Posted 06.08.2015 | Business
Catherine Golladay

The Class of 2015 is trading in its caps and gowns for suits and ties, and a wave of college grads are hitting the workforce. This also means a new crop of workers will begin saving in a 401(k) for the very first time. Even though retirement might seem like a lifetime away for most 20-somethings, the earlier you start saving, the easier the path to retirement can be.

Investing in the #1 Economy, China

Natalie Pace | Posted 06.04.2015 | Business
Natalie Pace

Part of investing in a new world is discovering exactly what those individuals love. Those countries and industries that are part of the migration of money from West to East will be blessed under the new dominion of China as the world's economic leader.

Social Security Expansion Key to Averting Retirement Crisis

Ben Veghte | Posted 06.03.2015 | Politics
Ben Veghte

Workers today need to be saving much more for retirement than their predecessors. That they have not signals an impending retirement income crisis. The Center for Retirement Research projects that 52 percent of today's working households will not have adequate income in retirement -- around two thirds when one takes health and long-term care costs into account.

Don't Put off Retirement Savings to Be Debt Free

David A. Dedman | Posted 05.28.2015 | Business
David A. Dedman

No one will hold you accountable for saving for retirement. It's something you have to do on your own. Getting out of debt may take years, but saving for retirement will take decades.

Should We Take Money Out of Retirement to Pay Off Mortgage?

Steve Rhode | Posted 05.26.2015 | Parents
Steve Rhode

Question: Dear Steve, I am 63 years old. Retired. 401 $300,000 + plus pension & SS. Wife 62 retired drawing SS small 401 $45,000. We are retired an...

The Supreme Court Got Its 401(k) Decision Right

Aryeh Younger | Posted 05.21.2015 | Politics
Aryeh Younger

With so much at stake, it is critical for money managers everywhere to recognize their role as trustees of assets that do not belong to them.

The Worst 401(k) Advice Ever

Ken Weber | Posted 05.21.2015 | Money
Ken Weber

James Altucher has been getting lots of attention lately because of a 62-second video he posted for Business Insider, titled "Why investing in a 401(k) is a complete waste of money." I decided to write this rebuttal not so much as a direct attack on this particular video but because some of what Altucher said reflects views held by others as well.

Break Free of High 401(k) Investment Fees

Catherine Golladay | Posted 05.18.2015 | Money
Catherine Golladay

If you're like most workers in a recent survey, your 401(k) plan is your largest or only source of retirement savings.1 Also, like most workers, you may be paying higher fees than you realized for some of the investments in that 401(k).

Part 2: Valuable Tips for Financial Advisors from the Gen Y Guy

Jerry Patterson | Posted 05.07.2015 | Business
Jerry Patterson

My visit with Jason followed on the heels of some extensive research I was involved in, to gain a better understanding of millennials' financial habits. In addition, we also investigated the role (or lack thereof) a financial advisor plays in helping millennials plan and save. The results? As varied as their personalities.

Things You Want To Know About Investing But Are Afraid To Ask -- Part 3

Carrie Schwab-Pomerantz, CFP | Posted 06.29.2015 | Money
Carrie Schwab-Pomerantz, CFP

So let's say you've got the basics down. You've decided you're a moderately aggressive investor looking for growth, and you've researched and chosen a couple of initial investments. Are you ready to buy? Not quite.

Resetting Your Retirement After Divorce

Jason Alderman | Posted 06.23.2015 | Money
Jason Alderman

Starting a new life after divorce introduces many financial challenges. Retirement may seem far away, but it should stay at the top of the list.

Part 1: Powerful Retirement Tips for Millennials from the Gen Y Guy

Jerry Patterson | Posted 06.21.2015 | Money
Jerry Patterson

I recently had the opportunity to spend some time with Jason Dorsey, chief strategy officer for The Center of Generational Kinetics. Known as the Gen Y Guy, Jason is an acclaimed keynote speaker, generational researcher and best-selling author.

Blaming the Victims of the 401(k) Crisis

James W. Russell | Posted 06.20.2015 | Business
James W. Russell

The financial services industry, which profits handsomely from managing 401(k) and similar accounts, encourages victim self-blaming. What better way to deflect criticism from itself for running a rigged game?

Ben Walsh

Labor Department Proposes New Rule Cracking Down On Retirement Fees

HuffingtonPost.com | Ben Walsh | Posted 04.14.2015 | Politics

The Labor Department took the next step in the White House's plan to crack down on unnecessary retirement fees that cost Americans billions of dollars...

3 Ways to Be the 401(k) Knight in Shining Armor for Your Employees

Jerry Patterson | Posted 06.09.2015 | Money
Jerry Patterson

Just because employees are hardworking and loyal doesn't automatically mean they are financially astute and do a good job at planning for retirement, nor does it mean newer employees are bad at managing their money.

Nonprofit Annuities: A Fix for the 401(k)

James W. Russell | Posted 06.05.2015 | Business
James W. Russell

With 401(k)-type plans, participants are supposed to build up savings through stock market investing during their working years that will then support them during their retirement years.