What to Do When Your Boss Stiffs Your 401(k)
Wondering why you haven't seen the performance you've hoped for from your 401(k) lately? A big reason may be that your employer isn't putting what it used to into the account.
Wondering why you haven't seen the performance you've hoped for from your 401(k) lately? A big reason may be that your employer isn't putting what it used to into the account.
A 401(k) is one of the best ways to save for retirement. But as many workers who've changed jobs have discovered, former employers are kicking their accounts to the curb.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A music editor who wants to understand more about her 401(k).
With more employers than ever adding a new Roth 401(k) option to their retirement plan offerings, should you make the switch or stick with your existing retirement strategy?
You can put off cleaning the bathroom or mowing the lawn without severe problems. But waiting to increase your retirement account contributions could have serious consequences. Don't let these excuses keep you from upping your 401(k) contributions now.
The end of the year is fast approaching, so you've only got a few days left to make changes to your 401(k) for 2012. These five tips will help you make the most of that limited time, and put you on track in your efforts to make your golden years as comfortable as possible.
In some ways, a 401(k) is almost an ideal investment. The only problem is the costs. 401(k) plans are not cheap to manage, and that means fees your employer will probably pass on to you, cutting into your investment returns. But how your company passes those fees on can make a big difference.
The election may have put economic issues like the fiscal cliff in the spotlight, but there are still plenty of consumer-level financial pain points that need fixing. Here are 10 of the most common consumer money problems.
How seriously do Americans take our retirement plans? Not seriously enough to do our homework: A new study shows that two-thirds of Americans with defined-contribution plans or IRAs spend less than five minutes scrutinizing each disclosure statement. But wait: It gets worse.
New rules require 401(k) plans to give you a lot more information, including badly needed disclosures about how much you're really paying to save for retirement. Here's what to look for in next month's statement.
When investors open their 401(k)statements this fall, they'll finally be able to see in detail how previously hidden fees have been chipping away at their retirement savings. That's a good start: Here's how to let that news shock you into action.
401(k) plans are under fire for their high and often-hidden fees, which rob employees of their investment returns. But don't blame your employer -- when it comes to understanding the retirement plans they offer, the bosses are just as much in the dark as workers are.
The fees hidden in 401(k)s aren't standard, which means you could be paying more than your friends, family or coworkers. But what%u2019s scary is that most Americans don%u2019t even know money is being sucked out of their 401(k) -- and that%u2019s just the way most plan providers want it.
Many companies have done away with pensions, replacing them with 401(k) plans and related options that put responsibility for retirement saving squarely on you. But those same corporations have also been pushing to keep you in the dark about the plans' costs.














