Trash the 'Compact'
Last week the California Senate passed legislation to award the state's Electoral College votes to the candidate who has received the most popular votes nationally–whether Californians chose him or not.
Law makes significant changes to 401(k)s: Employers will soon see plans in a different light. So should you.
The 401(k) is transforming. The pension reform bill that President Bush signed into law last week makes 401(k)s friendlier to workers and encourages employers to help savings-challenged Americans build their …
Sweeping pension reform expected to become law
WASHINGTON — The pension bill that President Bush plans to sign into law on Thursday will give a boost to 401(k) retirement savings plans and impose tougher funding requirements that …
Automatic 401(k)s: A Win for Workers
Congress has made it easier for workers to prepare for retirement by passing the Pension Protection Act of 2006. Most of the media coverage has focused on how the new act will affect corporate defined-benefit pension plans like the one for pilots at Northwest or Delta Airlines. However, the most important and far-reaching features of the bill are provisions that encourage the expansion of such employer-sponsored retirement accounts as 401(k)s and 403(b)s. These reforms – long2007 advocated by the NCPA and the Brookings Institution – are particularly important for younger and future workers. As defined benefit plans dry up, 401(k) plans are becoming the norm.
Changes ahead in 401(k) accounts
NEW YORK – The 401(k) retirement savings plan is getting the biggest overhaul in its 25 year history. Click here to view entire article.