business - "retirement"

We're looking for passionate and enthusiastic individual to be the Guide to the retirement Planning site on About.com!What sort of information do we want the new Guide to provide?Well, we're...

A defined benefit retirement or pension plan is becoming more and more obsolete in favor of defined contribution plans. There are, however, several companies that still offer these plans to...

Once again, Kiplinger?s is teaming with the National Association of Personal Financial Advisors to offer 2 days of free financial advice. This advice would normally cost you $100 to $250...

THIS WEEK: As stock and home prices fall, Americans delay retirement Mutal fund maestros take their lumps Myth or Reality: You can trust smart people Our Guest: MIT Economics Professor William Wheaton

You?re playing a game and all at once someone shouts ?Do over? and everyone starts the game over. You get ?do overs? in quite a few things in life but...

A recent United States Supreme Court decision may increase the incidence of litigation against fiduciaries of defined contribution plans, including 401(k) plans and employee stock ownership plans (ESOPs). On February 20, 2008, the Supreme Court decided in LaRue v. De Wolff, Boberg & Associates, Inc., et al., that a 401(k) plan participant could recover under the Employee retirement Income Security Act (ERISA) on a claim that his plan's fiduciaries breached their duty by failing to implement the participant's investment instructions. The participant alleged that the fiduciary misconduct lead to a $150,000 loss in his individual plan account. The Court found that the law permits a participant to recover losses caused by a fiduciary breach that 'impairs the value of plan assets in a participant's individual account.'