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Retirement Planning

Hewlett-Packard Foresees Nearly $600 Million in 2012 Pension Contributions

December 15, 2011
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The Palo Alto, California-based tech giant contributed a total of $279 million to its U.S. pension plans and $458 million to its non-U.S. pension plans in 2011.
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Most Financial Execs Feel Pension Plans can Hurt Company, Survey Indicates

December 14, 2011
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Of survey respondents, 68 percent said their companies have closed defined benefit plans to new or all employees in the past five years.
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N.Y. State Official Blasts 401(k)s as DB Replacement

December 13, 2011
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'The reality is that 401(k)s were never intended to take the place of pensions,' according to New York state comptroller Thomas DiNapoli in a speech at the New School's Schwartz Center for Economic Policy Analysis in New York City.
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Offering TIPS for Retirement

December 12, 2011
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Nearly half of defined contribution plan sponsors either offer or plan to soon offer some type of inflation protection strategy to their participants, a Mercer study shows. Stand-alone Treasury Inflation-Protected Securities, or TIPS, are the most widely used option, ahead of combining multiple asset classes.
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EBSA Clarifies E-Disclosure of Investment, Benefit Information

December 9, 2011
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The revised technical release updates an interim e-disclosure policy issued in September allowing defined contribution plan administrators to provide fee-disclosure information to participants electronically.
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Employers, Experts Wary of Feds’ 401(k) Tax Proposals

November 21, 2011
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Two plans to cut the federal deficit could drastically change the tax treatment of 401(k) plans. The first, called the ‘20/20 cap,’ would limit annual 401(k) contributions to $20,000 or 20 percent of salary. The second would end tax deductions for 401(k) plans and replace them with a flat-rate refundable credit.
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PBGC Deficit Hits Record $26 Billion

November 15, 2011
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As was the case in the prior fiscal year, the Pension Benefit Guaranty Fund did not incur any multibillion-dollar losses in fiscal 2011.
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Target-Date Funds Grow in Popularity as Retirement Tool

November 14, 2011
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Nearly 96 percent of participants enrolled in target-date funds in 2007 were still using them in 2009. And because more target-date fund products are in the marketplace, expenses are dropping. Despite their popularity and lower prices, target-date funds have their critics.
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Fact Box: What's a Target-Date Fund?

November 14, 2011
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Target-date funds employ a mix of stocks and bonds that are put on a set glide path.
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Many 401(k) Participants Would be Hit Hard by Proposed Tax Changes: EBRI Study

November 11, 2011
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Worker and employer contributions to a 401(k) plan are capped at $49,000 or 100 percent of a worker's pay, whichever is lower, under the current federal tax code.
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