Thursday, November 26, 2009

Top Ten Thanksgiving Day Retirement Plan Posts

Rather than go into detail about something sophisticated or technical in nature, the purpose of this post is to look at some of the most interesting developments since the beginning of the year:

10) 401(k) practices under new scrutiny - Congress looks at investment approaches that risk Americans' savings while benefiting fund managers

9) Retirement confidence drops among workers 50-64 - Only 44% of Workers have confidence living 5 years in retirement, down from 63% in 2007

8) Small-Business Owners Worry about Keeping 401(k) Match: 44% of Survey say they may have to Cut Back or Cut Out Match

7) SEC Chair Schapiro said Target-Date Funds ("TDF") on Regulators’ Radar Because 31 Year 2010 TDF posted returns from -3.6% to -41% in 2008

6) 7 Legged Retirement Stool: Social Security, Pension, Savings, Health/Long-Term Care, Employment, Housing, Family/Community Assistance

5) 11% of Wealthy (>$1.0M in Assets Excluding Primary Residence) Stop 401(k) Contributions; 8% Said Spouses or Partners have Done the Same

4) Newest Discussion: Should Clients Annuitize their Retirement Assets? People Insure their Cars, Homes, Lives, etc., is the 401(k) Next

3) GAO: Higher fees more likely in 403(b) Plans: Private Sector 401(k) Plans Trump Public Sector 403(b) Plans - Resources, Information Access

2) EBSA Stats for FYE 09/30/2008: 2,696 Civil Cases with Monetary Results of $1.2B in Civial/Criminal, 212 Criminal Cases with 101 Indictments

1) Roth IRA Conversions Coming in 2010; Will 401(k) Participants be able to Convert Balances to Roth 401(k)? Some Experts Think "Yes"

Labels: , , , , ,

0 Comments:

Post a Comment