TITLE

Steady As She Goes

PUB. DATE
July 2009
SOURCE
Journal of Financial Planning;Jul2009, Vol. 22 Issue 7, p10
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents two separate research conducted by Universe Benchmark of Hewitt Associates Inc. and Fidelity Investment regarding the 401(k) investing condition of American employees in the U.S. Hewitt found that there are 74% of these employees have continuously settled their retirement plans, despite the global financial crisis. Meanwhile, Fidelity cited that 97% of its 11.3 million active contributors are consistent with their contributions for the said plan.
ACCESSION #
43253453

 

Related Articles

  • Most firms kept 401(k) match through crisis. STEYER, ROBERT // Pensions & Investments;12/27/2010, Vol. 38 Issue 26, p8 

    The article reports that a survey conducted by the Profit Sharing/401k Council of America shows seven out of 10 companies have a company match for 401(k) plans maintained during the global financial crisis.

  • 401(k)s Stay the Course. Ackermann, Matt // Bank Investment Consultant;Jan2009, Vol. 17 Issue 1, p9 

    The article reports on the study conducted by Hewitt Associates, examining the current retirement savings of U.S. employees. The study shows that employees are maintaining their retirement savings and continuing to invest in their 401(k) plans. Most employees are also moving their 401(k) assets...

  • Getting the pieces to match up. KOHMANN, DEAN // Employee Benefit News;Feb2010, Vol. 24 Issue 2, p34 

    The article reveals that companies who stopped or reduced their matching contributions to employees' 401(k) retirement plan due to the economic crisis in 2009 are reinstating them in 2010. It gives suggestions on how employers can improve their matched contributions by evaluating key areas in...

  • Where Is My Nest Egg? Three Considerations for 401(k) Plan Sponsors Selecting Funds in an Unpredictable Economy. Friedman, Steven J.; Simmons, William J. // Journal of Retirement Planning;Mar2010, Vol. 13 Issue 2, p5 

    In light of the recent stock market crisis, and rebound, the authors discuss how important it is for employers to evaluate plan funding methods and help minimize the risk of lawsuits.

  • 401(k) plans: Achieving the Lake Wobegon effect. LEVY, ROGER // Employee Benefit Adviser;Dec2009, Vol. 7 Issue 12, p20 

    The article discusses suggestions for managing 401(k) funds so that returns will improve and employers will face less risk from liabilities. Statistics show that during the economic downturn in 2008, pension investments managed by professionals did better than those directly managed by...

  • Employers slow to restore 401(k) plan matching contributions. Wojcik, Joanne // Business Insurance;8/2/2010, Vol. 44 Issue 31, p1 

    The article discusses some surveys which show that employers are slow to restore or suspend their matching contribution to employees' 401(k) plans in the U.S. since the start of the global financial crises in 2008. One is Fidelity Investments' March 2010 survey which revealed that respondents...

  • Survey: 401(k) Participation Up.  // American Banker;10/28/2009, Vol. 174 Issue 196, p6 

    The article discusses information compiled by Charles Schwab Corp., which indicated that 401(k) retirement plan participation increased during the global financial crisis which began in 2008. Overall participation increased to 77% by the end of 2008, whereas only 73% were participating at the...

  • Backyard Retirement Plan. Bell, Rick // Workforce Management;Feb2012, Vol. 91 Issue 2, p0034 

    The article discusses issues related to retirement of baby boomers, those who born between post-World War II and the early 1960s. According to a study by investment firm Palo Alto, nearly half of baby boomers fear that retirement will result in poverty. The author tells that the recent financial...

  • Online Poll.  // Business Insurance;10/22/2007, Vol. 41 Issue 43, p8 

    The article reports on the results of an online poll on whether the proposed partial match of lower- and middle-income workers' 401(k) contributions by the federal government is a good retirement policy in the U.S. According to the survey, 60% of respondents agreed that the proposal is a good...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics