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401k Plans

Now Time Magazine Blasts the 401(k)

Eric Schurenberg | Posted 10.13.2009 | Media

Read More: 401(K) Plans, 401(K), Steve Gandel, Retirement Plans, Time Magazine, 401(K) Reform, CBS MoneyWatch.Com, Media News
Eric Schurenberg

This week's Time Magazine cover story looks at the nation's de facto retirement program, the ubiquitous 401(k), and pronounces it inadequate. Welcome to the club.

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Actually, the Times Got it Right on 401(k)s

Eric Schurenberg | Posted 09.25.2009 | Business

Read More: 401(K) Plans, 401(K), Teresa Tritch, Retirement, T. Rowe Price, New York Times, Employee Benefits Research Institute, Jill Schlesinger, CBSMoneyWatch.Com, Ebri, Retirement Planning, Business News
Eric Schurenberg

The 401(k) is now tasked with filling the income gap between what Social Security provides and what you need for a dignified retirement.It's a job the 401(k) was never designed to do, and it has failed to do it.

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Time to Replace the 401(k)

Eric Schurenberg | Posted 08.29.2009 | Business

Read More: 401(K) Plans, 401(K), Saving for Retirement, 401k, Retirement, Pensions, Charlie Farrell, Kathy Kristof, Retirement-usa.org, Felix Salmon, Business News
Eric Schurenberg

we had taken a perfectly decent supplementary savings plan and, without any real discussion, allowed it to become the sole source of most workers' non-Social Security retirement income. The 401(k) was not designed for that role, and it has come up way short.

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Trying to Fix the Broken 401(k) System

Garrett Johnson | Posted 08.07.2009 | Business

Read More: Reform, 401(K) Plans, Retirement Funds, Investment Banks, Baby Boomers, Wall Street, Vanguard, George Miller, Business News
Garrett Johnson

Representative George Miller is waging a lonely war against powerful enemies. He's trying to reform the 401(k) system, a system that most on Wall Street don't want reformed.

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Five Things to Remember if You Lose Your 401(k) Match

Mark Miller | Posted 05.27.2009 | Business

Read More: 401(K) Plans, 401(K), 401k Advice, 401k, Saving for Retirement, Retirement, Business News
Mark Miller

When the nation's most prominent defender of retirement security stops matching employee contributions, you know there's trouble in River City.

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Scrooged Again: Lumps of Retirement Coal from America's Employers

Rev. Peter Laarman | Posted 01.22.2009 | Business

Read More: 401(K) Plans, 401(K), Social Security, Saving for Retirement, Economy, Retirement, Henry Paulson, Tarp, Business News
Rev. Peter Laarman

The unkindest cut this winter is coming from big U.S. employers that have decided they just won't fund employees' 401(k) plans to save costs.

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Don't Tell Joe: Obama and McCain Agree on Something

Mark Miller | Posted 12.01.2008 | Business

Read More: Barack Obama 2008, 401(K) Plans, John McCain 2008, Saving for Retirement, Personal Finance, Business News
Mark Miller

A number of retirement policy experts believe the solution lies in creating a public-private IRA option for these workers-a defined contribution cousin to the Social Security system.

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When 401k Came Into Our Lives

Don McNay | Posted 11.29.2008 | Business

Read More: 401(K) Plans, Financial Crisis, Business, Defined Benefit, Retirement, 401ks, Defined Benefit Plans, Economic Crisis, Business News
Don McNay

I am appalled that both presidential candidates have proposals that will make it easier for people to blow their 401(k) money.

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S&P 500 Down 14% Since Bush Took Office -- So Much For Social Security Privatization

Mark Nickolas | Posted 10.18.2008 | Politics

Read More: 401(K) Plans, 401(K), Bush Social Security Privatization, Social Security, Stock Market, George W. Bush, Social Security Privatization, Barack Obama, S&P 500, Politics News
Mark Nickolas

If Social Security privatization was in effect when Bush was sworn-in, retirees who invested in the broader market would have seen their nest egg down 14 percent over the last seven-plus years.

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Smart Advice for the HuffPost Investor: Two Studies Wall Street Wants to Bury

Dan Solin | Posted 08.06.2008 | Business

Read More: Recession, 401(K) Plans, Investing, Mutual Funds, Protecting Yourself From Your Broker, Smart Advice for the HuffPost Investor, Business News
Dan Solin

Another study demonstrates the consequences of following the advice of brokers and advisors who push actively managed funds on their trusting clients.

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Court Says 401(k) Participants Can Sue

AP | Posted 03.28.2008 | Business

Read More: 401(K) Plans, Employee Retirement Income Security Act, 401(K), Supreme Court, Stock Market Holdings, laRue Case, Stock Market, Retirement Plans, Business News

WASHINGTON — The Supreme Court ruled Wednesday that individual participants in the most common type of retirement plan can sue under a pension p...

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High Anxiety For 401(k) Investors

Huffington Post | Jonathan Peterson and Walter Hamilton | Posted 03.28.2008 | Business

Read More: Recession Fears, 401(K) Plans, 401(K), Recession, FInancial Markets, Business News

As Americans increasingly link their well-being to financial markets, the possibility of recession and a slump on Wall Street has taken on new meaning...

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What To Do When Your 401(k) Stinks

Motley Fool | John Rosevear | Posted 03.28.2008 | Business

Read More: 401(K) Plans, 401(K), Business News

It's hard not to love 401(k) plans. Your contributions grow tax-deferred, which magnifies the compounding effect, and your employer (usually) chips in...

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Blacks Are Less Likely To Participate In 401(k) Plans

AP Via Washington Post | Daniel Sorid | Posted 03.28.2008 | Business

Read More: 401(K) Plans, 401(K), Retirement Plans, Racial Differences 401(K), Exelon, Business News

Employers have begun to find troubling racial differences within their 401(k) plans, a gap they say could leave black workers far less financially pre...

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