Risky 401(k) Investments: The Supreme Court Steps In

Posted on 01/9/2014 by |Legal Grounds | Comments

Bulletin TodayDo you know just how much you’re saving for your retirement? If so, you’re not alone. AARP studies show that most Americans 50 and older are thinking about and planning for their future financial security. So imagine, for a moment, that your company has a pretty generous 401(k) plan. That’s great, right? Well, in a case that the Supreme Court recently agreed to hear, the plaintiff employees say, “Not so much.” Here’s what happened to them. Fifth Third Bank, a …