With the SEC making the offering of annuities in companies’ 401(k) retirement plans easier, we are now scrambling to make this type of investment more transparent. There is something particularly tempting about annuities that appeal to a lot of people, for the same reasons that they loved fixed benefit pension plans. There is no doubt […]

Three researchers from Boston College have just released a paper discussing shortcomings of the 401(k) retirement plan. The problems run even deeper than this. The Boston College Center for Retirement Research has a new paper out that examines some of the shortcomings of the 401(k) plan and how that is contributing to the shortfall in […]

Retirement accounts such as 401(k)s can be valuable tools to put you in a better financial position in retirement. It is important not to commit mistakes with them though. The biggest mistake people make with their 401(k) retirement accounts is not contributing as much as they could. It is not that these people have so […]