Qualified Plans Industry

News

Sears is Latest to Cut 401(k) Match

The Illinois-based company, which joins a growing list of employers that are ceasing their 401(k) match, cited the difficult economy.

Help For Those Who Don’t Need an “RMD”

President Bush signed a bill that suspends the penalty for failure to take an annual required minimum distribution from a tax-deferred IRA or defined contribution plan for 2009.

401(k) Cuts Are Brewing at Starbucks

The Seattle-based coffee bar giant may alter its existing plan, which matches between 25% and 150% of the first 4% of their pay that workers contribute to their retirement plans.

Prudential Offers Investment Trusts to Retirement Plans

The nine funds offer 401(k) participants the potential for the same returns that defined benefit plans enjoy, said the head of retail business for Prudential Fixed Income Management.

Target Date Funds Get Too Conservative Too Soon--Securian

The target date funds found in many retirement plans won’t necessarily generate enough retirement savings, a Securian white paper claims.

More

Articles

Portrait of a Financial Giant

The offspring of a 1998 merger between NationsBank and BankAmerica, Bank of America has grown steadily through acquisition since then.

Bank of America Gains Merrill Lynch's 401(k) Plans and More

With Bank of America's purchase of Merrill Lynch for about $50 billion in mid-September, the bank took a big step toward becoming a force in the retirement industry.

How to Put DB in DC

Imagine a future where 401(k) plan participants go online not to check their accumulations but to view their guaranteed monthly income in retirement.

Guaranteed Income Riders in DC Plans

Insurance company record keepers have begun to provide guaranteed income riders as a new investment choice on their group annuity 401k platforms.

SponsorMatch Puts a Dab of DB in DC Plans

Barclays Global Investors (BGI) and MetLife ask plan participants to think about acquiring future income, rather than the pursuing a lump sum or 'number.'

More