Investors brace for poor 401k results as statements arrive
End of year 401(k) statements are expected to show sizable losses after a brutal year in stocks. Investors in Sioux Falls and across the country anticipate declines of 10 to 50 percent, with tech-heavy funds hit hardest. Alarm rises over retirement readiness as Fidelity and Vanguard report increased inquiries while urging diversification and a long-term plan.
MENTIONED IN THIS ARTICLE
Mary Enright
Sioux Falls
Investment Company Institute
Sean Hagerty
Vanguard Group
Hagerty
Vanguard
Fidelity Investments
Peter J. Smail
Fidelity Employer Services
Fidelity
Marchers pay tribute to King in Topeka
A Kansas King holiday observance drew nearly 200 marchers led by Gov. Bill Graves and the Topeka police color guard from the Judicial Center to the Statehouse Rotunda. Chief Judge Deanell Tacha urged Kansans to pursue the dream of equality and justice, noting the dream remains real and reachable. State offices will be closed Monday for the holiday.
MENTIONED IN THIS ARTICLE
Topeka
Martin Luther King Jr
Deanell Tacha
10Th
US. Circuit Court of Appeals
Bill Graves
Judicial Center
Statehouse
Memphis
Tenn
Doctor King
Graves
Tacha
Legislators confront KPERS funding shock and 2015 equilibrium
Kansas lawmakers and Gov. Graves face an $860 million rise in KPERS unfunded liabilities after new projections push the equilibrium date from 2004 to 2015. The deficit requires higher state contributions to cover retiree benefits, triggering debate over possible benefit enhancements and fiscal impact. Senate leaders warn of taxpayer concerns as House panels plan KPERS hearings.
MENTIONED IN THIS ARTICLE
Topeka
Bill Graves
Kansas Public Employees Retirement System
KPERS
Graves
Statehouse
House
Jim Garner
D-Coffeyville
Senate
Dave Kerr
R-Hutchinson
House Appropriations Committee
Also Mentioned on This Page
Kansas Judicial Center
Kansas Statehouse
Garden City
Finney
Market Aide Services, Inc
D.J. Richmeier
Finney County
Garden City Telegram
New Homes & Real Estate
the & City Te
Rerea
City Telegram
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