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A growing number of Americans are concerned that the current economic crisis is threatening to leave them further behind on their retirement plans, according to a new survey released today by Bank of America.
Save yourself from a big tax bill.
Beginning Jan. 1, new federal regulations require Stanford Hospital and Stanford University to administer their retirement plans as if they were maintained by the same employer. This means more restrictive rules will apply to retirement plan distributions for employees who switch jobs between the hospital and the university.
If you are 70 1/2 or older, should you take the minimum required distribution from your retirement accounts this year? A federal law requires anyone older than 70 1/2 to withdraw a small percentage from their individual retirement accounts, 401(k) plans and...
Financial counselors locally and across the country are advising people to approach holiday spending with prudence and not panic, frugality and not fear. Everyone is jittery and some have lost money in the economic downturn, but it doesn't have to be a blue Christmas.
Sometime early next year, after the holiday cards have all arrived and the reality of 2009 starts to sink in, many investors will get something in the mail that could ruin a lot of resolutions. It's the year-end 401(k) statement....
Don't let these pass you by
Scrambling to take care of your year-end financial housekeeping before the last refrain of "Auld Lang Syne"? Then let's get right to business so you have plenty of time to pick a show-stopping New Year's Eve ensemble.
At a finance committee meeting Nov. 19, Souderton Area School District officials agreed next month to vote on adopting a district-wide 403(b) retirement plan.
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