Automatic enrollment boosts 401(k) participation across firms
Companies increasingly sign workers up for automatic 401(k) enrollment to counter inertia. IBM reports 92 percent participation after auto enrollment, up from 66 percent. Hewitt Associates cites nine percent of employers using auto enrollment, with benefits rising among younger and low income workers. Experts caution that default contribution rates 2 to 3 percent may be too low and conservative funds may undercut nest eggs.
MENTIONED IN THIS ARTICLE
Kathleen Rain
IBM
Investiment Company Institute
Employee Benefit Research Institute
Washington
I D.C
Hewitt Associates
Lori Lucas
Lucas
Explosive device found on student at airport security
Oklahoma City AP reports FBI says University of Oklahoma student Charles Alfred Dreyling Jr. had a small explosive device in his baggage. He is charged with attempting to board a plane with an explosive device and released on $10,000 bail. He faces up to 10 years and a $250,000 fine if convicted.
MENTIONED IN THIS ARTICLE
Oklahoma City
University of Oklahoma
Stuent Charles Alfred Dreyling Jr
Garyohnson
FBI
Dreyling
Israeli soldier jailed eight years for killing British activist
CASTINA MILITARY BASE Israel AP An ex soldier received eight years in prison for fatally shooting British activist Tom Hurndall during a Gaza Strip operation in April 2003. It marks the first conviction of an Israeli soldier for killing a foreigner in over four years of Israeli-Palestinian violence. Taysir Hayb was convicted by a military court in June for the head wound that killed Hurndall.
MENTIONED IN THIS ARTICLE
Castina
Israel
Taysir Hayb
Tom Hurndall
Gaza Strip
Villagers claim US airstrike kills civilians in Afghanistan
Afghan villagers say U S warplanes bombed homes in Day Chopan district Zabul killing several civilians including a infant U S forces suffer sixth fatality in a week amid rising violence Zabul Governor called the operation a mistake U S military denies civilians were present at the scene and Taliban hid in the area Officials tally 18 Taliban and one U S service member killed in a clash and another U S service member died in an ambush near a road project in Paktika
MENTIONED IN THIS ARTICLE
Qalat
Afghanistan
U.S
Chopan
Paktika
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Utomatic
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Hamid Reza Asefi
NASA
Mars
Cape Canaveral
Fila
Brazil
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Sabrina Albuquerque
Pakistan
India
Islamabad
Pervez Musharraf
Iran
U.N
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Austria
Tehran
Security Council
Zabul
Ali Khail
Verszon Wireless
Cedar Rapids
Collins Rd
Lindale Mall Center
Coralville Coral Ridge Mall
WZW
S Communic
Des Moines
Merle Hay Mall
Merle Hay Rc
South Ridge
Food Cour
West Des Moines
University Av
Jordan Creek Town Center
Imers
Verizonwireless.com
Avai
Ls Stores
Dubuque Kennedy Mall
Sioux City
Southern Hills
Sergeant Rd
Waterloo Crossroads
E Call
Lindale Mall
Blairs Ferry Rd
Wireless World
Westdale Mall
Iowa City CT
Sycamore Mall
Coral Ridge Mall
Old Capital Mall
Waterloo
Cedar Falls
Bradklynn Blvd
College Square Mall
Crossroads Mall
Crossroads
RadioShack
Rizonwireless
Wnile
Verizon Wireless
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