Unused Vacation? It May Pay

From the article:

“Taking vacation pays dividends — especially if your company allows you to put unused vacation or sick-leave days into your 401(k) or profit-sharing plan.

To encourage savings, the Obama administration recently blessed such transfers. While companies may have to amend their benefit plans to allow it, the administration hopes firms will do so. “We tried to build in as much flexibility as possible to make it attractive,” says Mark Iwry, a senior Treasury official.”

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Retirement? Good luck with that

From the MarketWatch article:

“Financial crisis reveals U.S. retirement-system’s holes with painful clarity”

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The risk of ‘breaking the buck’

From the article:

“The government will no longer guarantee money market funds, but that might not mean what you think.”

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TIAA-CREF’S Compliance Coordinator Simplifies 403(b) Plan Sponsors’ Compliance Responsibilities

From the article:

“TIAA-CREF, one of the world’s largest retirement systems, announced that 45 clients have adopted its Compliance Coordinator service. TIAA-CREF Compliance Coordinator is an easy to use, web-based tool designed to help plan sponsors with multiple investment providers ensure that all loans and hardship withdrawals are in compliance with applicable IRS regulations.”

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Hardship rule can tame 401(k) tax

Learn what a “Hardship Distribution” is, and if you qualify for one.

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Morningstar plans to ‘raise its game’ in mutual fund research

Target-date fund research, 529 Plan research, and more to come…

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Your 401(k) Isn’t as Bad as You Think

From the article:

“But while many people tend to blame the limited investment options that 401(k) plans offer for their bad performance, the study found that 94% of plans had enough choices to let investors create efficient portfolios. Instead of blaming the plans, therefore, the researchers concluded that workers themselves weren’t doing the best they could with the choices they were given.”

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