Exchange-traded funds entering new phase of growth
ETFs have recently begun to appear as investment options in 529 college-savings plans and 401(k)s. Yet obstacles are beginning to appear. It has become more difficult for fund companies to launch ETFs that are significantly different or lower ...
The boomer retirement crunch begins
Here's what retirement looks like for the typical person age 65 or older in the U.S.: Most retirees have very modest incomes. The median income for people age 65 and older was $27,707 for males and $15,362 for females in 2011. The typical household headed ...
Rogers shares slip in after-hours trading
Rogers' plan includes freezing pension plans for certain employees and increasing 401(k) contributions. The company will take a $1.2 million charge in the second quarter tied to the freeze. The company also said that it will make other cost ...
Rogers Corporation Updates on Cost Improvement Initiatives
Rogers Corporation ROG (the “Company”) announced today that it is implementing further actions as part of its cost improvement initiatives. These actions are expected to provide substantial cost savings starting in the third quarter of 2013 ...
Why Gen Y is losing the debt battle
“Focus on paying off those credit cards, one at a time, starting with the one with the highest interest rate. Invest in your future — participate in a 401(k) or Roth IRA.”
Okla. gov vetoes bill to give workers 401k option
... that would have given state workers the option of enrolling in a defined contribution retirement plan similar to a 401(k). The bill by Oklahoma City Republican Rep. Randy McDaniel that Fallin vetoed Friday would have allowed state employees ...
Bill on politicians' pensions passes Ariz. Senate
... Republicans in the Arizona Legislature that replaces pensions for new judges and other elected officials with a 401(k)-style retirement plan passed the Arizona Senate on the second try Wednesday. The 16-13 vote came a day after the bill ...
Mom-and-pop indicator implies headroom for stocks
My guess would be that as people get their 401(k), brokerage and mutual fund reports in coming months, they will like what they see and it will fill many with a painful mix of greed and regret. That kind of thing is the true building block of a ...
Stern Advice: A tax strategy for all seasons
Several categories of investments have long benefited from special tax breaks. That includes municipal bonds, which pay interest not subject to federal taxes, life insurance policies and annuities that allow tax deferral until the money in them ...
Conn. legislature mulls worker retirement access
Most are contribution plans such as a 401(k) in which workers invest money in stocks and bonds rather than a company pension, it said. Beverley Brakeman of the United Automobile Workers told lawmakers in testimony at a public hearing that the ...
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