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401k

Public Pensions Are $2 Trillion Short: Report

ft.com | Posted 01.05.2010 | Business

Read More: State Retirement Fund, New Jersey, 401k, Calpers, Retirement, Pensions, Public Pensions, Orin Kramer, Business News

The US public pension system faces a higher-than-expected shortfall of more than $2,000bn that will increase pressure on many states' strained finance...

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The 40 Best Performing Stocks Of The 2000s (RANKINGS)

Posted 01.03.2010 | Business

Read More: Investing, JoS. A Bank, Bespoke Investment Group, 401k, Best Stocks, Warren Buffett, Green Mountain Coffee Roasters, Medifast, Best Performing Stocks of the Decade, 2000s, Business News

During the last ten years, which have been variously referred to both as "the big zero" and as a "lost decade," there were still a few winners. If you...

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Top Execs' Retirement Plans Had Guaranteed Returns, Despite Losses On Employee Plans: WSJ

wsj.com | ELLEN E. SCHULTZ | Posted 12.15.2009 | Business

Read More: Retirement Plan, Wall Street Journal, 401k, Retirement, Supplmental Executive Retirement Savings Plans, Business News

One-quarter of top executives at major U.S. companies had gains in their supplemental executive retirement-savings plans in 2008, even as employees ha...

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Buzzwords For 2010: Which Words Will Catch On Next Year?

Posted 12.14.2009 | Business

Read More: Tarp, 401(K), Buycott, New Normal, Buzzwords, Energy Efficiency, Energy Diet, Slidepoll, Deficit Neutral, Energy Dieting, 201k, Deleb, Buzzwords 2010, Detarp, Business News

Last year, JWT trendspotter Ann Mack predicted a number of words she expected to enter the 2009 lexicon -- and some were more successful than others....

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401K Peformance: Average Account Balance Up 13% In 2009

AP | DAVID PITT | Posted 11.19.2009 | Business

Read More: 401k Performance 2009, Investing, 401(K)s, Fidelity, 401k, Stock Market Performance, Business News

DES MOINES, Iowa — If you had a good mix of stocks and bonds in your retirement account and you left it alone through the market madness of the ...

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Why Financial Literacy is a Mirage

Eric Schurenberg | Posted 11.05.2009 | Business

Read More: 401(K), Gao, Financial Literacy Education Commission, Ben Bernanke, Financial Literacy and Education Improvement Act, Consumer Financial Protection Agency, Financial Literacy, Business News
Eric Schurenberg

What makes financial literacy such an attractive goal today? One benefit is that it deflects attention from reforming financial services.

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Unemployment Among Americans 65 or Older Surges, Highest Since Great Depression

nytimes.com | STEVEN GREENHOUSE | Posted 10.23.2009 | Business

Read More: 401(K), Job Market, Unemployment, Social Security, Retirement, Aarp, Medicare, Recession, Business News

It is well known that during the nation's gale-force recession, many older Americans who dreamed of retirement continued to work, often because their ...

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Just Say "No" to Adult Children Wanting Money

Don McNay | Posted 10.20.2009 | Business

Read More: Iphone, Kentucky Guardianship Administrators, Children, Cspan, Addictions, Big Money, Roger Ailes, Bad Luck, Parenthood, Reagan, Cnbc, Injury Settlements, Lexington KY, 401k, Richmond Ky, Morning in America, Ncaa Basketball, Strippers, McNay Settlement Group, Inheritances, Rumeal Robinson, Tough Love, Bankruptcy, Retirement, Retired and Broke, Medical Expenses, Fox Business News, Clu, Just Say No, Soldiers, Enabling, The American College, Million Dollar Round Table, College Tuition, Foreclosures, Ambition, Helen Ford, Frontline, Special Needs Children, John Prine, Miami News Times, Ohio University, Budgeting, Msnbc, Failure to Launch, Financial Crisis, Aarp, Senior Citizen Bankruptcy, Personal Finance, Newsweek, Balanced Life, Msfs, Borrowing Money, Lotteries, Chfc, Foster Children, Kentucky, Don McNay, NBA Basketball, www.mcnay.com, Structured Settlements, www.donmcnay.com, Mortgage, Vanderbilt University, Eastern Kentucky University, Fox News, University of Michigan, Afghanistan, Mooching, Cssc, Caddilac, Business News
Don McNay

You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.

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Retire the 401(k) - Replace it with This

Eric Schurenberg | Posted 10.15.2009 | Business

Read More: Fidelity Investments, 401(K), Time Magazine, Retirement, Aig, New York Times, Erisa Industry Committee, Retirement Planning, Citigroup, Business News
Eric Schurenberg

Jilting the 401(k) to return to the old-fashioned pension, like going back to your spouse after a fling, is not an option. You need something that combines features of both.

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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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Retirement Security, Guaranteed

Roger W. Ferguson, Jr. | Posted 12.01.2009 | Business

Read More: 401(K), Social Security, 401k, Retirement, Economy, Economic Crisis, Financial Crisis, Business News
Roger W. Ferguson, Jr.

The decline in financial markets has reduced the value of 401(k) accounts that Americans are counting on to complement Social Security and has led many retirees to realize it is possible to outlive their savings.

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401(k) Automatic Enrollment Becoming Standard Practice

Mainstreet | Joe Mont | Posted 12.01.2009 | Business

Read More: Retirement Plans, Profit Sharing/401K Council of America, 401k, President Obama, Business News

Automatic enrollment in 401(k) plans, touted by President Barack Obama as a way to increase retirement savings, are gaining in popularity, even as the...

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401(k) Investing: 8 Zombie Stocks To Avoid

BloggingStocks | Michael Shulman | Posted 11.28.2009 | Business

Read More: 401(K), Investing, JPMorgan Chase, Freddie Mac, Zombie Stocks, General Motors, Wells Fargo, Bank of America, Fannie Mae, Aig, Zombie Banks, Ford, Citigroup, Business News

Right now there are few things scarier than the post-market report on CNBC. It's almost like watching a horror movie. And I've got some zombie stoc...

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The 10 Biggest Retirement Mistakes

WalletPop | Dan Solin | Posted 11.21.2009 | Business

Read More: 401(K), Retirement Investing, The Smartest Retirement Book You'll Ever Read, Dan Solin, Retirement, Business News

These are tough times for retirees and for those planning for retirement. Nest eggs have been demolished by the economic meltdown. Job cuts have force...

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Obama's Retirement Plan Needs More Nerve

Eric Schurenberg | Posted 11.10.2009 | Business

Read More: 401(K), Retirement Plans, Barack Obama, Behavioral Economics, Income Tax, Ira, Cigarettes, Smoking, Economics, Behavior, Campaign Finance, Savings Bonds, Retirement Account, Contribution, Business News
Eric Schurenberg

The president announced a handful of new initiatives designed to make it easier for American workers to save more for retirement, that makes use of behavioral economics.

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Why the President Has Been Losing on Health Care, and What He Needs to Say

Drew Westen | Posted 10.23.2009 | Politics

Read More: Speech on Health Care, Public Option, Roe v Wade, Death Panels, Olympia Snowe, Ronald Reagan, Michael Dukakis, Pension Plans, George Bush, Washington Post, Taxpayers, Economic Recovery, Great Depression, Uninsured, Barack Obama, Chuck Grassley, Al Qaeda, 401k, Bill Clinton, Brown v Board of Education, Health Insurance, Health Care Reform, Fdr, Medicare, Medicaid, Electronic Records, Health Care, Hillary Clinton, Republicans, Politics News
Drew Westen

At this historic moment, the White House has determined that the best way to win the center is to tack right. But sometimes, the best way to win the center is not to move to the center, but to move the center.

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How Laffer Inadvertently Prophesies The Limits of Capitalism

Stephen Herrington | Posted 10.16.2009 | Business

Read More: 401(K), Taxes, Wealth, Stock Market, Economy, Economic Crisis, Tax Cuts, Arthur Laffer, Wage Gap, Housing Crisis, Wealth Gap, Fiscal Responsibility, Business News
Stephen Herrington

As the very rich have increased the gulf between their wealth and that of the average citizen, two patterns have emerged.

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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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NYT About Your 401(k): Missing the Point on Retirement Reform

Jill Schlesinger | Posted 09.24.2009 | Business

Read More: 401(K), New York Times, Congress, Retirement Plans, Pensions, Business News
Jill Schlesinger

As pensions disappeared, nobody said, "Hey, instead of your boss paying into a guaranteed retirement plan, the risk of making contributions and managing your retirement money is entirely on you."

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Fidelity (Accidentally) Makes the Case Against the 401(k)

Eric Schurenberg | Posted 09.18.2009 | Business

Read More: 401(K), Fidelity Investments, Retirement Plans, Investment Company Institute, Nathan Hale, Behavioral Economics, Business News
Eric Schurenberg

It's not a lack of financial literacy that makes a majority of 20-year-olds not participate in a 401(k). It's human nature.

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Talking about Personal Finances -- the Final Taboo?

Tanene Allison | Posted 09.06.2009 | Business

Read More: 401(K), Social Justice, Economics, Income Inequality, Money, Retirement, Working Women, Saving Money, Personal Finance, Recession, Equal Pay, Business News
Tanene Allison

Over the last forty years, we have turned a lot that was once taboo into less taboo conversation topics. And yet, it is still rare to hear open conversations about financial details.

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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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Enslaved by Our 401ks?

Les Leopold | Posted 08.28.2009 | Business

Read More: 401(K), Financial Crisis, CEO Pay, Wall Street Crisis, Wall Street, TARP Money, Economy, Economic Crisis, Business News
Les Leopold

I'm worried that we've locked ourselves into the stock market to such a degree that we'll allow nearly anything to happen on Wall Street as long as our pension funds and invested savings recover.

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