Bulletin Today | News RoundupsEmployees contributed more to their 401(k) plans in 2011, according to Fidelity Investments, and matching contributions from employers were up, too. But despite this uptick in contributions, the year-end average for Fidelity’s 401(k) participants was down.
Bulletin Today | News RoundupsRetirement savers, take heed—these developments may not have made major headlines in 2011, but they’re still important to your retirement planning efforts. And while a diet high in sodium does increase heart disease risk, even more important is the ratio of sodium to potassium in your diet.
Bulletin Today | News RoundupsSavings Up, Market Down: Workers are putting more money into 401(k) retirement savings accounts, the stagnant economy notwithstanding. A recent survey from Mercer Workplace found 41 percent of 401(k) holders had increased contributions to their plans in the previous year (up from 31 percent in 2010). Participants also took a more active role in managing their plans’ stock portfolios, with 40 percent having reallocated their existing portfolios that year. And a greater number said they plan to contribute the maximum …
Bulletin Today | News RoundupsA new study published in the British medical journal Lancet says a host of factors, such as Medicare reimbursement, location and the availability of hospital beds, weigh more heavily on a doctor’s decision to operate than a patient’s needs, wants or whether surgery will improve their quality of life. And a growing number of 401(k) plan participants are bringing lawsuits against their employers (who administer the plans) for allowing poorly-performing and/or overly-expensive funds into their retirement portfolios.