TITLE

Benefits Guy counsels after a steep stock drop and a disappointing tax bill

AUTHOR(S)
PHELAN, PETER
PUB. DATE
June 2008
SOURCE
Employee Benefit News;Jun2008, Vol. 22 Issue 7, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers advice regarding employee benefits. An employee narrated that in 2008, he started contributing to the 401(k) plan at work, which has a 50% employer match, and stated that his investment strategy has led to a negative return of 20%. Another employee talked about taxes which took almost half of his bonus. The author, however, pointed out that there can be a big difference between withholdings and actual tax liability.
ACCESSION #
34074194

 

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