Retirement

Are Millennials gun-shy or savvy retirement planners?

06/06/2014

A recent Gallup poll drew lots of media attention with the news that younger workers were so battle-scarred by the Great Recession that they no longer trust stocks as a safe place to park their retirement investments. Wait a minute, said Fidelity Investments, the nation’s largest 401(k) provider.

Poll: Can a 401(k) fund retirement?

05/30/2014

Americans’ confidence in their 401(k) plans took a big hit in the economic collapse of 2008. Then, 54% thought they could fund retirement via their 401(k)s. Now, less than half do.

Oakland trucking company restores nearly $2M to 401(k)s

05/23/2014

Oakland-based Lange Trucking and its owners shortchanged their employees’ 401(k) program by nearly $2 million, according to a U.S. Department of Labor Wage and Hour Division investigation.

Out with the old? Not so fast!

05/15/2014

A survey of chief financial officers by Robert Half reveals that fewer than one-third fret that a mass exodus of experienced, mature employees could leave the company without leaders and legacy knowledge.

Retirement is biggest financial worry

05/13/2014

Not having enough money for retirement tops the list of money woes that have Americans “very” or “moderately worried,” according to a new poll.

Regardless of age, we’re mostly conservative retirement investors

04/25/2014

Asked whether they prefer retirement investments that are secure with low growth potential, or high growth with lots of risk, this is what working-age investors said.

Employees with less than $1,000 in retirement savings

04/21/2014

Employees know they should save for retirement. Nevertheless, the percentage of employees with less than $1,000 socked away has risen substantially since the economic collapse of 2008.

Credit blind faith: Retirement confidence rises

04/17/2014

Americans are more confident that they’ll be able to retire comfortably than they have been in years, but their confidence may be based on little more than wishful thinking. That’s one way to read the results of the Employee Benefit Research Institute’s 24th annual Retirement Confidence Survey.

Most indexed 401(k)s beat managed funds

04/02/2014

Only about 20% of managed 401(k) funds deliver better returns that those that are simply indexed to broader market performance, according to research conducted by the Vanguard mutual fund investment company.

New voluntary retirement savings program proposed

03/28/2014

Sen. Tom Harkin, D–Iowa, has introduced legislation to create a new government-backed private pension system allowing employees to put away up to 6% of pay each year.