I came across an article today that provides a good follow-up to my post last week on older people in the workforce. The article, “Low Savings Force Many to Put Off Retirement,” includes some interesting statistics from the Employee Benefit Research Institute (EBRI): More than 73 percent of Americans in their late 50s are now… [Read more…]
March 18, 2011
Longer lifespans along with projected shortfalls in pension funding mean that many of us should be expecting to work until more advance ages than earlier generations.
July 14, 2010
The auto-enroll feature of the 401(k) is often touted as a key part of an overall strategy to increase workers’ retirement savings. But is automatic enrollment all it’s cracked up to be? Two recent blog posts take opposing sides on the question of the feature’s ultimate value. In one corner is David John from the… [Read more…]
June 18, 2010
The ongoing environmental tragedy in the Gulf has reinforced the popular notion that there’s an “us versus them” situation when it comes to big business. Similarly, throughout the financial crisis and subsequent recession, news story after news story has discussed the “Wall Street versus Main Street” issue. Three recent articles present a more nuanced view. On Wednesday of… [Read more…]
April 30, 2010
Notions of what retirement is - and when it should start - are changing.
January 21, 2010
Recent moves by the Obama administration to weigh how the government can encourage workers to convert at least part of their retirement savings into guaranteed income streams has generated fierce opposition in the right-wing blogosphere, with claims that the government is on the verge of seizing workers' 401(k) accounts.
January 5, 2010
Supporters of the recently introduced Lifetime Income Disclosure Act say that the bill will help Americans plan for a more secure retirement. But critics contend that providing the information contemplated by the bill could lead to 401(k) participants taking bigger risks than they should.
December 4, 2009
A quick roundup of recent news about 401(k) and other defined contribution plans.
October 15, 2009
The IRS has officially confirmed that 401(k) contribution limits will remain the same for 2010.
September 30, 2009
Calls for reforming employer-provided retirement plans - in particular, 401(k) plans - are growing. While the ultimate outcome remains to be seen, it is likely that significant changes could be coming soon to a 401(k) plan near you.
March 28, 2011
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