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The Roth 401(k) Estimator (401(k) Plans)

This retirement savings option, which first became available on January 1, 2006, combines features of both a traditional 401(k) plan and a Roth IRA. Like a Roth IRA, contributions are made on a post-tax basis and qualified withdrawals taken during retirement are completely tax free. (With a traditional 401(k), contributions are pretax and withdrawals taken during retirement are taxed as ordinary income.) And like a traditional 401(k), the Roth 401(k) has no income restrictions — if your employer offers it, you're eligible. (For more details, read our story, "Introducing the Roth 401(k).")

Celebrate 401(k) Day and Take Control of Your Retirement

s 401(k) Day celebration on September 5, 2008. The Profit Sharing/401(k) Council of America (PSCA) sponsors 401(k) Day to highlight the value of employer sponsored profit-sharing and 401(k) plans. As retirement follows work, 401(k) Day falls on the Friday after Labor Day during National Payroll Week, an annual celebration of America

Worksheet: The Roth 401(k) Estimator

This relatively new retirement savings option, which first became available on January 1, 2006, combines features of both a traditional 401(k) plan and a Roth IRA. Like a Roth IRA, contributions are made on a post-tax basis and qualified withdrawals taken during retirement are completely tax free. (With a traditional 401(k), contributions are pretax and withdrawals taken during retirement are taxed as ordinary income.) And like a traditional 401(k), the Roth 401(k) has no income restrictions — if your employer offers it, you're eligible. (For more details, read our story, "Introducing the Roth 401(k).")

News: Senate looks to ban 401(k) debit cards

Two legislators want to rid the world of what they view as a particularly insidious product: a debit card linked to a 401(k) account. "These debit cards allow a participant to use his or her retirement savings to make everyday purchases, like buying a cup of coffee. Clearly that's not what the 401(k) is for," says Senator Chuck Schumer (D-New York), who is co-sponsoring the bill with Senator Herb Kohl (D-Wisconsin). Schumer claims that for every $1,000 an investor pulls from a 401(k) plan, he or she loses $10,000 in retirement income. Schumer introduced similar legislation in 1996, which was enough to spook Bank One into dropping plans for its 401(k)-linked debit card. However, now that the concept has been revived, Schumer says he'll see that the bill becomes law "no matter what" this time.

Sometimes It Pays To Borrow From Your 401(k)

The financial media has coined a few pejorative phrases to describe the pitfalls of borrowing money from a 401(k). Some members of the financial press would even have you believe that taking a loan from a 401(k) plan is an act of robbery committed against your own retirement. However, this idea may be more urban myth than reality. According to a study by the Employee Benefits Research Institute (EBRI), 18% of all 401(k) participants had plan loans outstanding in 2006. Clearly, these loans have a following and, in fact, they can be appropriate in some situations. Let's take a look at how such a loan could be used sensibly and why it need not spell trouble for your retirement savings (For related reading, see Eight Reasons To Never Borrow From Your 401(k).

What Small Business Owners Need to Know About 401(k)s

Running a small business can be a life-consuming process, so sometimes small-business owners miss the forest for the trees. Maybe that's why only about 16 percent of businesses with fewer than 50 employees in the United States have 401(k) plans. Small-business owners are so focused on developing their businesses that some do not realize that those assets can grow at a much faster rate for their retirement under the right plan. An October survey by ING DIRECT's ShareBuilder401k, which designs 401(k) plans for small businesses, found that "not enough employees" was the top reason cited by small-business owners as to why they do not have a 401(k) plan. That's despite the fact that even sole proprietorships with no other employees can have 401(k)s.

As 401(k) Plan Sponsors Enter Economy-Fueled 'Termination Season,' RolloverSystems Offers 401(k) Plan Termination Services Suite

As 401(k) Plan Sponsors Enter Economy-Fueled 'Termination Season,' RolloverSystems Offers 401(k) Plan Termination Services Suite

Stull, Stull & Brody Announces Investigation on Behalf of Participants and Beneficiaries of the 401(k) Savings and Profit Sharing Plan of the McGraw-Hill Companies, Inc. and Its Subsidiaries and the Standard and Poor's 401(k) Savings and Pr

Stull, Stull & Brody Announces Investigation on Behalf of Participants and Beneficiaries of the 401(k) Savings and Profit Sharing Plan of the McGraw-Hill Companies, Inc. and Its Subsidiaries and the Standard and Poor's 401(k) Savings and Profit Sharing Plan for Represented Employees

401(k) Debit Cards Now Being Offered

The SEC advises that a number of companies are beginning to offer a 401(k) debit card to employees who invest in 401(k) retirement programs. This card allows the employee to borrow up to $50,000 or 50 percent of the value of the retirement plan, whichever is less, through use of a debit card. However, unlike a debit card that deducts money from a bank account, this 401(k) withdrawal is a loan from the retirement account and users must repay it along with fees and interest or incur substantial penalties. More information may be found at www.finra.org/investorinformation.

Ascensus, LPL Financial and 401(k) Advisors Partner to Deliver a New Retirement Plan Offering with Fiduciary Protection

s largest independent administrator and recordkeeper for plans in the micro to large segments of the market, announced today it has partnered with LPL Financial and 401(k) Advisors to deliver a unique and innovative retirement plan solution: Fiduciary Advisor 401(k). Designed to support financial advisors and their clients, Fiduciary Advisor 401(k) is a comprehensive suite of retirement plan services, featuring a broad investment platform, full-fee disclosure and fiduciary protection.

Profit Sharing/401k Council of America Announces National 401(k) Day 2008

CHICAGO--(BUSINESS WIRE)--The Profit Sharing/401k Council of America (PSCA), a national, non-profit association committed to retirement savings through employee-sponsored defined contribution programs, encourages employers to celebrate the 14th Annual National 401(k) Day, which this year falls on Friday, September 5, 2008. National 401(k) Day is an annual celebration that encourages employers to set aside time at the workplace to spotlight the importance of their 401(k) plans.

As 401(k) Plan Sponsors Enter Economy-Fueled 'Termination Season,' RolloverSystems Offers 401(k) Plan Termination Services Suite

PRNewswire/ -- RolloverSystems Inc. (RSI), an independent provider of rollover management services, is offering a suite of solutions to help advisors and plan sponsors easily and responsibly terminate their 401(k) plans, an occurrence which could be common due to economic woes this Fall, a time also known as "plan termination season."

401(k) Producer Services Completes Rebranding

401(k) Producer Services, an affiliate of 401(k) Advisors, announced it has beefed up its practice management tools for advisers under the new name Retirement Plan Advisory Group.

401(k) Producer Services Transforms Into New Brand Identity: Retirement Plan Advisory Group

ALISO VIEJO, CA -- 09/08/08 -- 401(k) Producer Services, an affiliate of 401(k) Advisors, one of the largest, independent retirement plan consulting firms in America, with $39 billion in collective assets under advisement, announces a comprehensive..

401(k) Producer Services Transforms Into New Brand Identity: Retirement Plan Advisory Group

ALISO VIEJO, CA -- (Marketwire) -- 09/08/08 -- 401(k) Producer Services, an affiliate of 401(k) Advisors, one of the largest, independent retirement plan consulting firms in America, with $39 billion in collective assets under advisement, announces a comprehensive brand initiative -- the formation of Retirement Plan Advisory Group (RPAG), which will enable added growth in advisor-members' firms with augmented technologies and services for plan sponsors.

401(k) Producer Services Transforms Into New Brand Identity: Retirement Plan Advisory Group

ALISO VIEJO, CA--(MARKET WIRE)--Sep 8, 2008 -- 401(k) Producer Services, an affiliate of 401(k) Advisors, one of the largest, independent retirement plan consulting firms in America, with $39 billion in collective assets under advisement, announces a comprehensive brand initiative -- the formation of Retirement Plan Advisory Group (RPAG), which will enable added growth in advisor-members' firms with augmented technologies and services for plan sponsors.

401(k) rollover delay seems unreasonable

Q: What recourse does a person have if a former employer does not process the paperwork to roll over their 401(k) plan into another plan? I worked for a small company for 15 months in 2006-2007 and accumulated about $4,000 in my 401(k). Three months after I left the company, I notified them that I wanted to roll over to Fidelity Investments. That was last October.

Your 401(k): A vested interest

Question: My company’s 401(k) vesting period is longer than I plan to stay at my job. Should I still invest in my 401(k) knowing that I will not receive any employer matching?

Automatic enrollment in 401(k) doesn't take care of everything

Forty-two percent of employers with 401(k) plans automatically enroll new or existing employees in the plans, nearly double the 23 percent from 2006, according to estimates from the 2008 401(k) Benchmarking Survey by the International Foundation of Employee Benefit Plans and Deloitte Consulting. The survey polled 436 employers with workforces of all sizes.

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