Warnings to save ignored as half of workers changing jobs cash out 401K
Half of workers changing jobs cash out 401k Biden speaks in Reno, Nev., to promote stimulus program, help raise money for Sen. ReidRENO, Nev. — Vice President Joe Biden visited economically troubled Nevada on Friday to promote the progress of the federal stimulus program and boost the re-election campaign of Senate Majority Leader Harry Reid, who has troubles of his own. VP Biden in Reno to tout simulus, help raise money for Sen. ReidRENO, Nev. — Hundreds of backers and a handful of protesters gathered Friday outside the arena where Vice President Joe Biden is making his first appearance in Reno since last year’s presidential election. Teens say college is the top reason for saving moneyDES MOINES, Iowa — Stroll through the mall on a weekend and you get the impression teens save money to buy clothes or iPods and video game systems, but a new survey shows their priority is quite different — saving for college. Younger Americans find vast opportunities in recession, while older generations struggleNEW YORK — The Great Recession has turned into the best of times for young investor Daniel Lee. Warren Buffett’s cartoon financial advice hits the Web this fall _ 3 years later than plannedOMAHA, Neb. — Kids will finally have a chance to learn financial lessons from billionaire Warren Buffett when his cartoon is released this fall — three years later than planned. Where are people turning for a financial education today? They go to workDES MOINES, Iowa — Recognizing that workers are anxious about their finances, in increasing numbers companies are reaching out to help by setting up seminars at the office and making one-on-one advice available. Survey of 401k plans shows blacks, Hispanics save less than Asians, whitesDES MOINES, Iowa — A new study of 401(k) plans has revealed that black and Hispanic workers save significantly less for retirement and tap into their accounts more frequently than white and Asian employees. Comparison of House and Senate legislation on credit cardsA comparison of House and Senate legislative proposals with pending Federal Reserve regulations. |
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