Retirement 401k News Blog

More than a year after the stock market meltdown, a big rally has soothed the pain and slowed the push to overhaul the retirement system. So what's next for our nest eggs?

How does your 401(k) stack up compared with other plans in your industry? Read on to find out if yours is one of the best or one of the worst

Now that the year is almost over, you may want to explore some last-minute steps you can take to potentially boost your financial fortunes and improve your tax returns for 2010. And one good place to look is your 401(k).

If you’re bidding farewell to your job because you’re retiring, taking a different position or getting let go, learn your 401(k) plan options. If you don’t, and you tap into your retirement fund later, thinking it’s all right because you need the money, you may wind up paying a stiff penalty to the government, plus taxes on the amount you withdrew.

A growing number of employers are planning to incorporate annuities into their 401(k) plans as companies look for ways to provide workers with steady benefits in retirement, according to a survey by Watson Wyatt.

The Department of Labor said Patrick P. Bane of Brentwood, former president at Comtel Communications Inc., Castle Shannon, agreed to pay $13,651 into the company's 401(k) plan, which equaled employee contributions owed to the plan.

The Tacoma City Council passed a resolution Dec. 15 approving the Retirement Board's appointment of Monica Butler to the position of retirement systems director.

Apparently, filing for re-election a week ago wasn't enough for one prominent newspaper to leave Congressman Chet Edwards out of retirement rumors.

A come-and go-retirement party for outgoing Police Chief John Ball will run from 3:30 to 6 p.m. today at the Hoover Pavilion in Wright Park. The public is welcome to attend.

The first of a wave of luxury retirement communities in the Northeast Valley is nearly complete.