In the News • December 23, 2008
US News and World Report, December 23, 2008 Your New Year’s resolutions are going to require more sacrifice than usual this year. Layoffs, benefit cuts, and disappearing 401(k) balances have lashed workers in 2008. Yet everyone still has to provide for retirement. US Newsoffers 10 ways you can resolve to get your retirement plan back on […]
In the News • December 23, 2008
US News and World Report, December 23, 2008 — Simply finding a job in 2009 will be challenging for many. “But if you can, seek an employer offering a traditional pension,” advises Beth Almeida, executive director of the National Institute on Retirement Security. Almeida adds, “Pensions offer what Americans are looking for: the security and peace of […]
In the News • December 3, 2008
Rocky Mountain News, December 3, 2008 In a letter to the editor regarding Colorado’s public pension, Marie Valenzuela writes that data in a recent NIRS research report indicates that defined contribution plans are significantly more expensive to fund than defined benefit plans. She continues, “I hope that a good deal of thought and unbiased research goes into the […]
In the News • December 3, 2008
The Kiplinger Letter, December 3, 2008 Renuka Rayasam reports on the transition to the new pension funding requirements passed in 2006 — which couldn’t come at a worse time. “We are in a transition period to a new funding regime, and then the financial crisis throws over the apple cart,” says Beth Almeida, executive director […]
In the News • December 1, 2008
Plan Advisor, December 1, 2008 Janet Aschkenasy reports in the kinds of questions plan sponsors and advisers need to address if they’re going to free participants of the notion that a plan loan or hardship withdrawal is the best place to turn for the extra cash many so sorely need in the current financial environment. Plan […]