Wednesday, July 15, 2009

What Does Consistent Participation in 401(k) Plans Generate?

This Issue Brief presents recently available longitudinal data from the EBRI/ICI 401(k) database on consistent participation in a 401(k) plan, through year-end 2007. Looking at consistent participants in the EBRI/ICI 401(k) database over the eight-year period from 1999 to 2007, the average 401(k) account balance increased at an annual growth rate of 9.5 percent over the period, to $137,430 at year-end 2007. The median 401(k) account balance (half above, half below) increased at an annual growth rate of 15.2 percent over the period, to $76,946 at year-end 2007. Data for 2008 are currently being analyzed and are expected to be published later this year.

http://ebri.org/publications/ib/index.cfm?fa=ibDisp&content_id=4315

Your 401(k): Getting back what you lost CNNMoney.com - USA

Your 401(k): Getting back what you lost
CNNMoney.com - USA
http://money.cnn.com/2009/07/14/retirement/401k_recovery/

Wednesday, July 01, 2009

DOL/SEC Target-Date Hearing Webcast Now Online

Excerpt: "The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has posted on its Web site the archived Webcast of the June 18, 2009, joint target-date fund hearing with the Securities and Exchange Commission (SEC). The hearing received testimony from 36 witnesses on issues relating to target-date funds and other similar investment options. According to EBSA, the Webcast archive is broken down by witness panels to make it easier to view. It can be viewed at http://www.dol.gov/dol/media/webcast/hearing/."