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A collection of news and information related to 401K published by this site and its partners.
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Morgan Stanley sued in 'pay-to-play' retirement plan case
Reuters* Bank accused of steering 401(k) business to win extra fees * Morgan Stanley declines comment; ING denies wrongdoing May 20 (Reuters) - Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING...Tags: Manhattan (New York City), Medical Specialization, Labor Legislation, Career and Workplace, Windsor (Hartford, Connecticut)
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Shield Pa. taxpayers from a 'pension tsunami'
Pennsylvania's pension crisis is about to hit state homeowners and taxpayers, and the results won't be pretty. The state's two pension systems — for state government workers and public school employees — are, together, more than $47...Tags: Retirement, Finance, Economy, Business and Finance, Allentown, Executive Branch
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Stoughton's Nelson Global Products grows through acquisitions
The Wisconsin State JournalDon't talk to Nelson Global Products CEO Tom Gosnell about the historic decline in manufacturing in Wisconsin and across the U.S. It's not that he doesn't believe it, of course. U.S. manufacturing has comprised a shrinking share of employment and...Tags: Plant Openings, Economy, Business and Finance, Layoffs and Downsizing, Mining, Metal and Mineral
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OPINION: Spike in gas price sparks economics lesson
Duluth News TribuneIf you participate in a 401(k) plan that even remotely touches the stock market, be sure to tell the administrator where you want your pork bellies delivered. What, not enough room in your backyard to store a train car full of pig innards? Then how...Tags: Petroleum Industry, Passenger Cars, Upstream Oil and Gas Activities, Downstream Oil and Gas Activities
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Pension reform expected to save money
Messenger-Inquirer, Owensboro, Ky.Changes to the state's pension plan should save Daviess Fiscal Court hundreds of thousands of dollars during the next 20 years. State Rep. Tommy Thompson told Fiscal Court on Thursday that the pension reform plan passed this spring will mean that the...Tags: Punishment, Retirement, Prisons, Politics, Career and Workplace
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Madison First Selectman Fillmore McPherson running for re-election
New Haven Register, Conn.Republican First Selectman Fillmore McPherson announced Thursday afternoon he is seeking re-election to a third term. "I am proud to serve the good people of the town of Madison," McPherson said. He made the announcement at Town Campus before...Tags: Massachusetts Institute of Technology, National Government, Local Elections, Government, Electronics
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Boomers facing uncertainty of retirement, maybe working years more than they thought
The Great Recession saw unemployment rates double and the housing bust that proved far stronger and lasted much longer than anyone had expected. Through it all, retirement savings plans took a major hit. The economy is improving now. South Florida...
Tags: Unemployment, Employee Benefits, Finance, Retirement, Employment
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Bogle's view: Retirement system is broken
The Philadelphia InquirerFew American business leaders are as connected to the concepts of saving and long-term investing as John C. Bogle, founder of the Vanguard Group in Malvern. Bogle's principles were to provide key assets for anyone seeking a comfortable retirement -- the...Tags: Finance, Retirement, Economy, Business and Finance, The Philadelphia Inquirer, Politics
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The Philadelphia Inquirer Jeff Gelles column
The Philadelphia Inquirers common in some circles nowadays to scoff at the very notion of retirement. Years after the 2008 financial crisis, unemployment lingers at painful levels. Who can think of voluntarily giving up a job? But time is relentless. Unless you plan to work...Tags: Retirement, Finance, Economy, Business and Finance, Personal Finance, The Philadelphia Inquirer
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Glendale pays big pension numbers
As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...
Tags: Employee Benefits, Retirement, Employment, Public Employees, Politics
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EDITORIAL: Twilight savings: Retirement in America requires better preparation
Pittsburgh Post-GazetteThe dream of a comfortable retirement is slipping away from millions of middle-class Americans. Company pensions are a thing of the past, and the recession has decimated the nest eggs -- primarily 401(k) plans and family homes -- of many baby boomers. A...Tags: Nursing Homes, Pittsburgh Post-Gazette, Long Term Care
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Macon-Bibb merger group discusses pension plans
The Macon TelegraphThe task force that's working on merging Macon and Bibb County governments is considering a choice between two pension plans for employees of the consolidated government: one defined-benefit plan, similar to what Bibb County already offers; and one hybrid...Tags: Local Government, Politics, Interior Policy, Pension and Welfare
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Allentown Morning Call
May 19, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| McClatchy-Tribune
May 13, 2013
|Story| South Florida Sun-Sentinel
May 12, 2013
|Story| McClatchy-Tribune
May 12, 2013
|Story| McClatchy-Tribune
May 11, 2013
|Story| Glendale News Press
May 10, 2013
|Story| McClatchy-Tribune
May 10, 2013
|Story| McClatchy-Tribune
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