It’s that time of the year again folks. October 18-24, 2009 has been congressionally endorsed “National Save for Retirement Week”, and is formally calling on local and national public, private and federal employers to promote the benefits of saving for retirement and encouraging their employees to take full advantage of employer-sponsored plans.
So, if you haven’t [...]
If you haven’t seen it yet, the CBS News show 60 minutes aired an episode this evening entitled: Retirement Dreams Disappear With 401(k)s.
This 60 minutes episode couldn’t have come at a better time.
A friend just informed me on Friday that she has multiple 401k plans from previous employers, that she hasn’t rolled-over in an IRA. [...]
There’s been speculation over the past few years about The Vanguard Group offering an individual 401(k) plan, but nothing’s ever materialized. However, once the Pension Protection Act of 2006 made most of the 401(k) benefits permanent, I had a feeling that Vanguard would be offering one soon.
So, I brought this subject up again in the [...]
Where To Stash Your Cash
I was recently reading a blog catalog post where the author and some of the commenters wrote that they refuse to contribute towards their company’s retirement plan (401k, 403b, etc.) because they think their plan is a scam or assume their contributions can only be invested into the stock market.
The stock market isn’t for everyone. [...]