401(k) plans have become a significant source of retirement funds for many Americans over the past 20 years. However, in 2008, more than $3 trillion in these plans were lost with most 401(k) holdings declining by 20%. These losses, compounded by plan changes with companies no longer matching employee contributions, will lead to many people stopping contributions or retooling their 401(k) holdings. Getting Started in 401 (k) Plans 2e will offer strategies for improving 401(k) returns including moving money out of company stock, rolling overplans when leaving an employer and moving some holdings to a bank, where the money will now be covered by higher FDIC insurance up to $250,000.
- ISBN: 978-0-470-48582-8
- Editorial: John Wiley & Sons
- Encuadernacion: Rústica
- Páginas: 320
- Fecha Publicación: 09/06/2010
- Nº Volúmenes: 1
- Idioma: Inglés