5 Ways Employers Plan to Change Their 401(k) Plan

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dorotheeve of HI @ Aug 26, 2009 02:33:22 AM

Retirement Finances

401 k and other none goverment retirement system are good unlike Social Security as long as goverment fingers are kept out.But with the new spending budjet that will not last long.Try to find plans which are out of the govermnt reach befor it is made illegal to do so.

harry of VA @ Jul 02, 2009 14:17:05 PM

reducing /eliminating 401k matches

Here's a perfect example of how corporations are getting out of the business of retirement. They discarded defined benefit plans, for the most part, years ago thereby transferring the market risks to individuals in 401(k) plans. Next, they dumped retiree health care. Now they want to reduce, or eliminate altogether, their present meager contributions? All they while, they pull in their multi-million dollar annual bonuses? What a bunch of crooks!

Gary Scapellati of CA @ Jul 02, 2009 13:26:59 PM

Employees - Don’t turn down free money!

One key to building wealth is “Don’t turn down free money!” When you maximize contributions to your qualified retirement plan you accept free money from three sources:
1)The taxes you normally owe the government,
2)The interest earned on the government’s tax dollars which are now inside your retirement plan and
3)The interest earned on the interest.
Employer matching is a 4th source for free money.
Saving for your retirement is the BEST thing you can do, even if it’s only a little at a time. An example of the impact of on-going savings can be found in my blog - http://www.peoplesfinancialadvisor.com/personalfinance/?p=20

Bob Schumann of CO @ Jun 24, 2009 10:46:32 AM

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5 Ways Employers Plan to Change Their 401(k) Plan

adapt modeling components article trend

Retirement Finances

reducing /eliminating 401k matches

Employees - Don’t turn down free money!

Planning to Retire

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5 Ways Employers Plan to Change Their 401(k) Plan

adapt modeling components article trend

Retirement Finances

reducing /eliminating 401k matches

Employees - Don’t turn down free money!

Planning to Retire

Best of Planning to Retire

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