Curbing 401(k) Costs and Boosting Employee Savings
Finance experts urge vigilance as 401(k) plans face top-heavy rules and rising costs. Employers may use safe harbor contributions near 4 percent, while employees should contribute and seek Roth options. Tax advantages and proper fund choices drive long term growth amid complex fee structures.
MENTIONED IN THIS ARTICLE
Marathas
Fincalc.com
CPA
Coleman
Automatic enrollment and IRAs rise as retirement saver options
The piece explains automatic enrollment as a way to boost 401k participation among young workers, with step up increases and lifestyle funds. It compares 401k to IRA paths, cites IRS limits for 2005, and notes the savers credit’s limited reach due to low income thresholds, outlining eligibility and tax implications.
MENTIONED IN THIS ARTICLE
Industry
Congress
Lori Lucas
Consultant
Hewitt Associates
Lincolnshire
Ill
Peter Marathas
Boston
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo
Lucas
Internal Revenue Service
IRS
Irs.gov
Bo Harmon
Brookings Institution
Tax planning for 401k and capital gains in retirement
A discussion explains how dividends and long term capital gains are taxed. It uses examples with 401k withdrawals and taxable funds to illustrate tax implications and the impact of future tax brackets on retirement income. It cautions about possible tax rate changes and suggests timing withdrawals to minimize tax.
Feds settle with Columbia House over do-not-call violations
The FTC announced Columbia House will pay 300000 to settle allegations it violated the federal do-not-call list by contacting tens of thousands of former members and existing customers who had asked not to be called. The company did not admit wrongdoing.
MENTIONED IN THIS ARTICLE
Columbia House Co
Federal Trade Commission
FTC
Columbia House
North America
Federal Communications Commission
Atlantic City
FCC
Communications Agency
At&t Corp
Primus Telecommunications Group Inc
Arizona
Also Mentioned on This Page
Scott Coleman
KRD Financial
Schaumburg
Mintz, Levin, Cohn, Ferris, Glovsky and Popco
Doug Griswold
San Jose Mercury News
Harmon
Www
Ljworld.com
Aca
Feds
Caroline E. Mayer
The
Washington Post