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401k retirement news

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401k Retirement Plan

In simple terms, the 401k retirement plan is a trust in which employees are allowed to contribute money before taxes are assessed. Some employers also provide participants with matching funds to the employee's 401k account as part of their benefits package. The employee may have the option of selecting specific investment options for the money in their 401k account... : 401k Retirement Plan

Greenspan: Fix retirement plans

Greenspan: Fix Social Security, Medicare Fed chief says growth of benefit programs, if not addressed, could make budget problems worse. March 2, 2005: 11:46 AM EST WASHINGTON (Reuters) - Federal Reserve Chairman Alan Greenspan told Congress Wednesday that the economy is growing at a reasonably good pace, but that the nation must tackle its budget defici... : Greenspan: Fix retirement plans

Stocks Set for Firm Start to '05; Oil Off

By Megan Davies NEW YORK (Reuters) - U.S. stock futures rose on Monday, pointing to a solid start to the New Year, as oil prices tumbled more than a dollar and Wal-Mart Stores Inc. (WMT.N: Quote , Profile , Research ) brightened its outlook for December sales. Wal-Mart, the world's biggest retailer, rose nearly 2 percent on the Inet electronic brokerage system, after it said sales rose 3 percent at U.S. stores o... : Stocks Set for Firm Start to '05; Oil Off
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