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Pros and cons of taking the lump sum
Bankrate.com – March 9, 2010
If presented with the option of getting a pension check for life or getting a lump sum, what's the better deal? Getting a monthly annuity certainly has a certain allure -- you get a steady paycheck for life.
The Return Of The 401(K)
Newsweek – February 2, 2010
Companies are starting to match employee contributions again. But will they be as generous as they were before the recession?
Running the Fund:The DB(k)'s Day Arrives
PlanSponsor – February 2010
Small employers could offer it as of January 1, but...
Proposal for automatic IRAs is a good step to boost Americans' retirement savings
Dallas Morning News – January 30, 2010
President Barack Obama's proposal to make it easier to save for retirement is a good, necessary first step.
Prof's calculus: 401(k) not enough
Pittsburgh Post-Gazette – January 17, 2010
University of Pittsburgh business school professor Dennis Slevin got to thinking about how much a worker would have to save in a 401(k) account to replace 75 percent of his final year's pay by withdrawing 5 percent annually from the account in retirement.
Efforts to raise 401(k) participation hit snags
USA Today – January 11, 2010
The thinking two years ago seemed logical enough: If more companies would automatically enroll employees in 401(k) plans, then offer them the simplest of investment strategies, the employees would get a leg up on retirement savings, and we'd all be better for it.
As 401(k) accounts spring back, calls for reform recede
Los Angeles Times – January 10, 2010
As the worst bear market since the Great Depression sent her 401(k) account into a downward spiral, Cathy Coleman would shudder when her quarterly statement arrived.
Retiree Annuities May Be Promoted by Obama Aides
BusinessWeek – January 8, 2010
The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.
Public-pension tab in Ohio: $4.1 billion -- and growing
Plain Dealer (Cleveland, OH) – January 3, 2010
At a time when budget problems are forcing Ohio schools to lay off teachers and cities to raise taxes, eliminate jobs or both, one expense that government leaders have not cut is pensions for their workers.
Outrage: Bosses’ Bonuses Trump Workers’ Pensions
AARP Bulletin – January 1, 2010
While many companies are cutting back as the recession makes a dent in profits, it appears some corporate executives won’t be sharing the pain with lower-level colleagues come retirement time.
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