Latest 401k news - 401(k) cuts now mean pain later - Money Features



By admin ~ August 28th, 2009. Filed under: General.

How about these right… I think you’ll find the following nuggets of wisdom particularly insightful. Leave your comments below. Check out the second one in particular…

401(k) cuts now mean pain later - Money Features

Whether or not the 401(k) is the nation's best-designed retirement savings vehicle, for most people, it's the only retirement plan they've got. Unfortunately, the most compelling feature about the 401(k) — the matching contribution …

Almost 50 percent of employers cutting back 401(k) plans

About 23 percent of employers eliminated matching contributions to 401(k)s, and another quarter limited enrollment rather than open the retirement savings plans to all employees, according to a study conducted for Charles Schwab (SCHW) …

The 401(k) Has Failed. Let’s Admit It - CBS MoneyWatch.com

An award-winning financial journalist explains market trends, debunks investing myths and deciphers economic developments in order to help readers achieve financial independence.

Hope you enjoy the read as much as I did and please if you have something to say, use the comments form below to let everyone know your thoughts.

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