Retirement Trends

In fall 2013, 86 percent of households disagreed that the government should take away the tax advantages associated with 401(k) plans and 83 percent were against reducing the amount individuals can contribute to these retirement vehicles.

A hidden value of defined contribution retirement plans might be that they get participants thinking about their long-term finances.

Critics feel that by meddling with the 401(k) system as it stands, it would be shooting everyone in the foot, particularly middle class Americans.

Creditors will have a chance to vote on the proposal once its filed in U.S. Bankruptcy Court in Detroit and the judge determines it gives enough information.

The accounts, which Obama announced in his State of the Union Address, will be available to workers who dont have access to a 401(k) plan,

Oregon Treasurer Ted Wheeler is being honored for his efforts to increase access to low-cost, high-quality retirement plans in his state and encourage people in Oregon to save more for retirement.