Retirement 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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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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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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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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Are Boomers Really Unlucky, Moneywise?

Eric Schurenberg | Posted 09.21.2009 | Business

Read More: Baby Boomers, John Ameriks, Retirement, T. Rowe Price, Market Timing, Retirement Plans, CBSMoneyWatch.Com, Woodstock Anniversary, Vanguard Group, Business News
Eric Schurenberg

More than you like to think, financial success is due to forces beyond your control, such as when in your life the financial cycles play out. All you can do is focus on what you can control.

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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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Target Date Funds Face Heat and Probable Reforms

Mark Miller | Posted 08.07.2009 | Business

Read More: 401(K), Target-Funds, Retirement Funds, Retirement Plans, Business News
Mark Miller

Target date funds have come under fire since the crash because many of the funds tailored for investors near retirement age racked up significant losses.

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Investors Near Retirement Lag in Recouping From Crash

Mark Miller | Posted 07.30.2009 | Business

Read More: 401(K), Retirement, Investment Advice, Economic Downturn, Retirement Savings, Retirement Plans, Recession, Business News
Mark Miller

Retirement investors under the age of 30 participating in defined contribution plans are seeing their accounts bounce back at a much faster rate than over-55 investors who are near retirement.

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Remote Control

Stephanie Gertler | Posted 07.24.2009 | Living

Read More: Work-Life Balance, Retirement Plans, Work, Retirement, Living News
Stephanie Gertler

My husband took the week off. I can't recall the last time he did that. For the most part, he works to the point of exhaustion.

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After the Crash, a New Realism Emerges About Retirement

Mark Miller | Posted 06.05.2009 | Business

Read More: Retirement, 401k, Economic Crisis, Recession, Saving for Retirement, Retirement Plans, Business News
Mark Miller

Laura Rossman sees a new set of expectations coming for retirement--less focused on material goods and more on experience and values.

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Pensions 2.0: A Better Plan for a Financially Secure Retirement?

Beth Shulman | Posted 04.18.2009 | Business

Read More: Baby Boomers, Senior Citizens, Social Security, Saving for Retirement, Retirement, Pensions, Real Estate, Retirement Plans, Business News
Beth Shulman

Unless we bolster Social Security and fix the private system for helping Americans save for retirement, workers of today face a very dark financial future in what used to be called the golden years.

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Causes of the Collapse

Rabbi Shmuley Boteach | Posted 11.28.2008 | Living

Read More: Greed, Eve, Barack Obama Grandmother, America Religion, Money, Economy, Eden, Adam, Retirement Plans, Bereishis, Family Values, Barack Obama, Religion, Cnn, Culprits of Collapse, Economic Collapse, Financial Meltdown, American Family, Financial Crisis, Consumers, Torah, Obama Jewish Voters, Living News
Rabbi Shmuley Boteach

Sadly, religion in America seems incapable of rising to the challenge of giving people inner contentment and pulling them away from insatiable materialism.

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Peaceful Revolution: Joint Parenting, Joint Retirement Accounts?

Elizabeth Cox | Posted 07.15.2008 | Living

Read More: Social Security, Retirement, A Peaceful Revolution, Parenting, Retirement Plans, Parenting Advice, Parents, Marriage, Living News
Elizabeth Cox

Under our current system it is not possible to have retirement savings in joint name. So for better or worse, richer or poorer, in retirement planning the maxim "he who earns it, owns it" holds true.

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6 Rules For Retiring Wealthy

Kiplinger's Via MSN Money | Posted 03.28.2008 | Business

Read More: 401(K), Social Security, Retirement Savings, Retiring Wealthy, Retirement Savings Plans, Retirement, Retirement Plans, Investments, Social Security Benefits, Pensions, Business News

Retirement savings plans are undergoing an extreme makeover. After decades of trying to teach Americans how to save and invest for their own retiremen...

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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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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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How To Beat A Bad 401(k) Plan

MarketWatch | Murray Coleman | Posted 03.28.2008 | Business

Read More: 401(K), Retirement Plans, Investment Options, Business News

In the past several years, retirement plans have been busy adding mutual funds and expanding investment options. But more isn't always better. "There...

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