Steer workers toward wise investments
- More money in 401(k)s has more eyes watching accounts. McManus, Terry // Crain's Chicago Business;02/21/2000, Vol. 23 Issue 8, pSR7
Highlights some important trends which human resources staff can use to help United States employees better manage their corporate-sponsored 401(k) plans. Workers' demand for early eligibility; More investment choices offered by strong economy and empowered workforce; Need for companies to...
- 401(k) Plans for Retention and Recruiting. // Treasury & Risk Management;Oct2000, Vol. 10 Issue 8, p14
Highlights the response of executives in the United States on whether their company have shortened the eligibility period for 401(k) participation in an effort to be a more competitive recruiter.
- Avoiding portable-pension potholes. Halverson, Guy // Christian Science Monitor;6/1/98, Vol. 90 Issue 129, pB6
Provides advice on 401(k) plans for employees leaving their place of employment for another job. How 401(k) plans work; Three options that departing employees have; Why it is advisable to keep out of the transfer process as much as possible; Withdrawal information; Legislation in the United...
- 401 (what?). Fleischer, Jo // Westchester County Business Journal;7/31/95, Vol. 34 Issue 31, p20
Focuses on the lack of information available in the workplace for employees with 401(k) plans. Increasing number of young people who are not participating in retirement programs; Barriers that prevent employees from getting specific financial planning advice at work; Possible reaction of...
- Borrowing From the Future. Wellner, Alison Stein // HR Magazine;Jul2000, Vol. 45 Issue 7, p99
Deals with the 401 (k) loans in the United States. Concerns about borrowing from 401 (k) plans; Reasons for the popularity of such loans; Areas being regulated by the Internal Revenue Service; Information on default risks.
- Family, friends big factors in 401(k) decision. Williamson, Christine // Pensions & Investments;1/22/1996, Vol. 24 Issue 2, p8
Reports on a survey which reveals that an employee's decision to participate in a 401(k) plan is most influenced by co-workers, family, friends and financial advisers. Design of 401(k) plan as second most important factor; Reasons for not participating; Attendance at training seminars as strong...
- Bankrupt Lives. Clark, Kim // U.S. News & World Report;9/16/2002, Vol. 133 Issue 10, p52
Reports on the impact of corporate bankruptcies on employees. Losses to 401(k) plans; Cancellation of severance packages; Other financial burdens, including a failure to reimburse employees for corporate expenses and tuition reimbursement programs; Lack of legal protection for employees.
- Avoid employer liability in participant-directed 401(k)s. Rolph III, Charles F. // Indianapolis Business Journal;6/13/94, Vol. 15 Issue 11, Employee Benefits... p8B
Discusses several aspects concerning participant-directed 401(k) retirement plans. Advice on avoiding employer liability; Basic fiduciary duties; Regulations overview; Core group investment alternatives; Funds transfer; Adequate disclosure; Operating information; Benefits of complying.
- 401(k) transfers may be allowed. Anand, Vineeta // Pensions & Investments;5/30/1994, Vol. 22 Issue 11, p7
Reports that highly paid employees in the United States may be able to transfer money into their 401(k) plans from non-qualified deferred compensation plans after the end of 1994. Benefits for employers and employees; Specifications by the Internal Revenue Service (IRS).