Personal Finances – Page 70

IBM Reopens Its Frozen Pension Plan, Saving the Company Millions

The company has stopped making contributions to 401(k) accounts, and instead giving workers cash credits in a new version of its old pension plan.

By Jeff Sommer

Consumer Financial Protection Bureau Content Type: Service Employee Benefit Research Institute Employee Fringe Benefits Law and Legislation Pensions and Retirement Plans Personal Finances Savings

Employers Can Now Enroll Workers in Some Emergency Savings Accounts

But many companies are spurning the “clunky” legal requirements for accounts linked to retirement plans. Instead, some have stand-alone rainy day offerings.

By Ann Carrns

Consumer Financial Protection Bureau Content Type: Service Employee Benefit Research Institute Employee Fringe Benefits Law and Legislation Pensions and Retirement Plans Personal Finances Savings

Employers Can Now Enroll Workers in Some Emergency Savings Accounts

But many companies are spurning the “clunky” legal requirements for accounts linked to retirement plans. Instead, some have stand-alone rainy day offerings.

By Ann Carrns

Consumer Financial Protection Bureau Content Type: Service Employee Benefit Research Institute Employee Fringe Benefits Law and Legislation Pensions and Retirement Plans Personal Finances Savings

Employers Can Now Enroll Workers in Some Emergency Savings Accounts

But many companies are spurning the “clunky” legal requirements for accounts linked to retirement plans. Instead, some have stand-alone rainy day offerings.

By Ann Carrns