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A collection of news and information related to 401K published by this site and its partners.
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For seniors, a break on mortgages
Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business,...Tags: Retirement, Career and Workplace, Mortgages, Interior Policy, Freddie Mac
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Mortgage underwriting rules eased for seniors with assets
WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...Tags: Career and Workplace, Retirement, The Washington Post, Mortgages, Interior Policy
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Sheraton workers agree to new contract, lift boycott
Two unions said Friday that they have ended a nearly six-year call to boycott the Sheraton Baltimore City Center Hotel, a move that came as workers ratified a new bargaining agreement with management. The unions, Unite Here Local 7 and Local 37 of the...
Tags: Career and Workplace, Employees, Unions
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Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009
ReutersBOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey...Tags: Career and Workplace, Employees, S&P 500, Stock Market
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Average U.S. 401(k) balance tops $80,000, up 75 pct since 2009
ReutersBOSTON, May 23 (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based...Tags: Career and Workplace, Employees, S&P 500, Stock Market
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Stern Advice-Why pension funds are eating your 401(k)'s lunch
ReutersBy Linda Stern WASHINGTON, May 22 (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company...Tags: Mutual Funds, Retirement, Career and Workplace, Politics, Economy, Business and Finance
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Column: Why pension funds are eating your 401(k)'s lunch
ReutersWASHINGTON (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company Towers Watson. In 2011,...Tags: Retirement, Career and Workplace, Interior Policy, Money and Monetary Policy, Loans
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Shield Pa. taxpayers from a 'pension tsunami'
Pennsylvania's pension crisis is about to hit state homeowners and taxpayers, and the results won't be pretty. The state's two pension systems — for state government workers and public school employees — are, together, more than $47...Tags: Retirement, Career and Workplace, Executive Branch, Interior Policy, Pension and Welfare
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Morgan Stanley sued in 'pay-to-play' retirement plan case
Reuters* Bank accused of steering 401(k) business to win extra fees * Morgan Stanley declines comment; ING denies wrongdoing May 20 (Reuters) - Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING...Tags: Manhattan (New York City), ING Groep NV, Labor Legislation, Career and Workplace, Medical Specialization
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COLUMN-Transforming your 401(k) into steady income
ReutersBy Mark Miller CHICAGO, May 21(Reuters) - A job and a paycheck - they go together like coffee and cream. But when you retire from your regular job, does that mean you have to give up the cream? A growing number of 401(k) plans are including investment...Tags: Retirement, Career and Workplace, Insurance, Economy, Business and Finance, Finance
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Column: Transforming your 401(k) into steady income
ReutersCHICAGO (Reuters) - A job and a paycheck - they go together like coffee and cream. But when you retire from your regular job, does that mean you have to give up the cream? A growing number of 401(k) plans are including investment choices that can help...Tags: Retirement, Career and Workplace, Insurance, Economy, Business and Finance, Wells Fargo & Co.
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Pennsylvania lawmakers float pension reform bills
HARRISBURG — A dozen years ago, state Rep. Chris Ross voted to give himself and 252 other lawmakers 50 percent pension hikes, while state workers and teachers got 25 percent increases. On Tuesday, Ross said the 2001 pension vote was bad. That vote,...Tags: Retirement, Career and Workplace, Executive Branch, Mike Brubaker, Elections
May 25, 2013
|Story| Hartford Courant
May 24, 2013
|Story| Los Angeles Times
May 24, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 7, 2013
|Story| Allentown Morning Call
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