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Defined Benefit

Is 401(k) Good for America?

Don McNay | Posted 03.12.2013 | Business
Read More: Small Business, Annuities, Life Lessons From the Golf Course, Defined Benefit, 401k, Money, Kentucky, Personal Finance, Pension Plans, Clay Hamrick, DEFINED CONTRIBUTION, Life Lessons From the Lottery, Business News
Don McNay

I've always encouraged people to put the maximum amount into a 401(k) plan. Few do. Many put in little or nothing at all. Now they are looking at a bleak retirement. Or no retirement at all.

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Weekly Audit: Wolf in Sheep's Clothing--The Myth of Fiscal Conservatism

The Media Consortium | Posted 05.29.2011 | Politics
Read More: Obama, Gop, College, Pension, Tim Murphy, Tax, Tara Lohan, Steve Benen, Deficit, Union, Cuts, General Electric, Campus Progress, Debt, Washington Monthly, Congress, Fiscal Conservatism, ALIYA KARIM, Tapped, DEFINED CONTRIBUTION, Tax Cut, Higher Education, University, Unemployment, Iowa, Transparency, SARAH BABBAGE, Rich, Mother Jones, Defined Benefit, Alternet, Politics News
The Media Consortium

By Lindsay Beyerstein, Media Consortium blogger Fashionable pundits like to say that the Republican Party has shifted its focus from "social conservat...

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Getting Rich and the Marshmallow

Don McNay | Posted 05.25.2011 | Business
Read More: College Students, Predicting Wealth, Thomas Stanley, Stanford Department of Psychology, Defined Benefit Plans, Discipline, Marshmallow, Main Street, Waylon Jennings, Payday-Loans, Positive Psychology, Fox Business Network, Millionaire Next Door, Stress, Billy Joe Shaver, Small Business Owners, Nursery School, Positive Thinking, New Yorker, Billy-Joe-Shaver, Instant Gratification, Dna, Defined Benefit, 401k, Cincinnati, Stanford University, Lexington KY, Richmond, Fox Business CNBC, Personal Finance, Payday Lending, Msfs, The New Yorker, Dr. Thomas Stanley, Chfc, Cnbc, Millionaires, Pensions, Kentucky, Payday Loans, Don McNay, Ky, Walter Mischel, Credit Cards, Sub-Prime Mortgages, Bing Nursery School, Delayed Gratification, Clu, Structured Settlements, College Student Credit Cards, Adult ADD, Wall Street, Heredity, Sat, Million Dollar Round Table, Genetics, Certified Structured Settlement Consultant, Cssc, Chartered LIfe Underwriter, Tax-Anticipation-Loans, Defined-Contribution-Plans, Business News
Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.

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When 401k Came Into Our Lives

Don McNay | Posted 05.25.2011 | 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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