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2012/05/21 21:50
2012/05/21 21:50
6h
Jacksonville pension fund study expected to incre...
... least lower the guaranteed rate, currently 8.4%). However, the best option would be to go to a 401k type system for all new hires....for police & fire as well as general employees. This is the...
Clinton
MENTIONED
2012/05/21 21:50
2012/05/21 21:50
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2012/05/21 17:42
2012/05/21 17:42
10h
Will You Have Enough to Retire?
... (Photo credit: 401K) As people approach retirement, they often take a look at their projected retirement income and the expenses, scrutinize their findings, and then heave a sigh of...
Medicare
MENTIONED
2012/05/21 15:10
2012/05/21 15:10
13h
Is Retirement Dead?
... types of corporate pension funds: defined benefit (DB) and defined contribution (DC) – such as 401(k)s. DB is the formerly prominent corporate practice of companies paying you a fixed amount...
Bureau of the Census Towers Watson U.S. Treasury Boston College’s Center for Retirement Employee Benefits Research Institute
MENTIONED
2012/05/21 10:37
2012/05/21 10:37
17h
Laws should ban those who destroy jobs
... dump, creating higher prices on goods and services, leaving small investors, pension funds, 401k holders, homeowners and the general public holding the bag. Isn�t it about time we started...
Douglas Benson
MENTIONED
2012/05/21 02:24
2012/05/21 02:24
1d
Avoiding expensive IRA mistakes
... Withdraw from IRA for education: If you will need to withdraw for education, move the 401(k) funds to your IRA (if your plan allows, typically if you’ve lost your job) and withdraw from...
Terry Savage Chicago Sun-Times
MENTIONED
2012/05/20 18:52
2012/05/20 18:52
1d
Starting a 529 plan for a child already in college
Does it make sense to start a 529 savings plan for my daughter if she is starting college this year? As with answers to many financial questions, it depends. Although there are many benefits to...
2012/05/20 13:40
2012/05/20 13:40
1d
Poll: Consumers in northern Illinois going mobile
... such as:Team Work, Longevity, State of the art facility, Superior Back-Up and Training, 401K, Profit Sharing, Health Insurance, Sale Incentives, Company Vehicle, Company Cell Phone, Job...
2450
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Buffalo Arlington Streamwood Wheeling Job Fair
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2012/05/20 12:14
2012/05/20 12:14
1d
U of I professors offer alternative for universit...
Rich, director of the Institute of Government and Public Affairs, that would create a hybrid 401(k)-style, defined-contribution system combined with a defined-benefit plan. Brown estimates...
2
RELATED
Jeffrey Brown Pat Quinn Robert Rich University of Illinois Springfield
MENTIONED
2012/05/20 11:04
2012/05/20 11:04
1d
The new retirement
... lifetime benefit. * Larger nest eggs and fewer withdrawals. Employees who participate in 401(k) type plans can make additional tax-deferred contributions and can allow their investments to...
Olivia Mitchell Barclays Capital John Spoto Sentry Financial
MENTIONED
2012/05/19 20:04
2012/05/19 20:04
2d
Does pension initiative provide a safety net?
... “Provide contributions for employees participating in the new defined contribution plan (a 401(k)-style vehicle), in order to compensate for the lack of Social Security provided to city workers. The...
2012/05/19 07:13
2012/05/19 07:13
2d
chicago's top paid ceos
... value: $105,345 Other pay: $63,725 Perks included in other pay: Matching contributions to 401(k) plan ($74,700), corporate aircraft usage ($45,000), home security ($2,405), and ISE...
Caterpillar Doug Oberhelman Washington D.C.
MENTIONED
2012/05/19 07:13
2012/05/19 07:13
2d
chicago's top paid ceos
... other pay: Payments to cover gains, taxes and fees on incentive program trusts ($352,026), 401(k) contributions ($94,669), personal use of aircraft ($176,560), security costs ($184,473). How...
Abbott Kim White Miles White American Cancer Society Dianne Brogan/Chicago Tribune
MENTIONED
2012/05/19 07:13
2012/05/19 07:13
2d
chicago's top paid ceos
... Dividend equivalent payments on restricted stock units, deferred compensation plan payments, 401(k) matching, reimbursements for tax on spousal travel and value of term life insurance...
Baxter House Energy and Commerce subcommittee Robert L. Parkinson Jr. Washington Getty Images
MENTIONED
2012/05/19 06:42
2012/05/19 06:42
2d
Pension bills still in negotiation
... their benefits. Another measure that would move future state employee hires into a new 401(k)-type system has cleared both chambers and is one step away from final legislative passage....
1
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Senate Bobby Jindal Jindal administration Elbert Guillory LASERS
MENTIONED
2012/05/19 02:11
2012/05/19 02:11
3d
BIW Tentative Deal With Machinist Union
... before some 3,200 workers for a final vote on Sunday. Union official say shipbuilders would get a $3,000 signing bonus. He says there are also improvements to the pension and...
27
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John Carr Augusta Civic Center Augusta Civic Center Bath Iron Works Jim DeMartini
MENTIONED
2012/05/18 15:22
2012/05/18 15:22
3d
Defend State’s Pension Program
A penalty scheme similar to that used for private-sector workers who make early withdrawals from 401(k) accounts is possible. Except in disability situations, most people cannot begin collecting...
2
RELATED
Internal Revenue Service Washington CONGRESS
MENTIONED
2012/05/18 15:15
2012/05/18 15:15
3d
Leaving a Job? What to Do With Your 401
Leaving a Job? What to Do With Your 401(k) Leaving a job can be a big transition, and, as you pack your belongings and prepare for new opportunities, there’s a valuable asset you can’t leave behind:...
1
RELATED
Will Smayda John Ameriks Jean Setzfand Department of Labor Barry Picker
MENTIONED
2012/05/18 11:46
2012/05/18 11:46
3d
4 Key Investing Moves for Facebook's New Milliona...
... reality is many of the same core financial principles apply whether you’re handling a $200,000 401(k) or $20 million in stock options. Here are some bedrock principles to put all this good...
Facebook Cisco Yahoo Internal Revenue Service
MENTIONED
2012/05/18 06:01
2012/05/18 06:01
3d
Michigan Senate OKs bill ending new teacher pensi...
... — Legislation that would end pensions for new public school employees and switch them into a 401 (k)-style retirement plan passed the Michigan Senate on Thursday. The Republican-led Senate...
12
RELATED
Senate Michigan Senate Coalition for Secure-Retirement-Michigan Gretchen Whitmer Associated Press
MENTIONED
2012/05/18 05:42
2012/05/18 05:42
3d
Kansas lawmakers approve compromise pension measu...
... bill. Brownback and fellow conservative Republicans had hoped legislators would create a new 401(k)-style plan for public employees. The new retirement plan would not go that far, though it...
20
RELATED
Senate House Topeka Kansas House Sam Brownback
MENTIONED
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