directoryad
subscribe ad

Monday April 21st 2014

Archives

Posts Tagged ‘401(k)s’

Most 401(k) Plans Survived the Recession Intact

Most 401(k) Plans Survived the Recession Intact

Research discovered that 88 percent of companies maintained matching 401(k) contributions over the past five years. Among the 12 percent of companies that either suspended or eliminated their retirement contribution programs, 5 percent have since at least partially restored their contributions. The survey results show that employers and employees [...]

Never Too Late to do Retirement Planning

Never Too Late to do Retirement Planning

Some of the assumptions we've made for generations about the best way to save and plan for retirement may no longer be true. The decline in housing and stock prices beginning with the 2008 crash, and a decline in 401(k) matches from employers, has raised the proportion of working households at risk of having too little to retire on just over half, [...]

Retirement Planning’s ‘Magic Numbers’

Retirement Planning’s ‘Magic Numbers’

Fidelity Investments, the nation's largest provider of 401(k) plans has come up with a magic number to determine when your clients are saving enough. Typical wage earners, it said, should aim to save at least eight times their final annual pay to be sure they can afford basic living expenses in retirement. To come up with the formula, Fidelity [...]