CFO Publishing Corp.

News & Analysis

cfo publishing corp. and retirement plans - All News and Analysis

• Tipping Point for Cash-Balance Plans?

  BNET - 2006-04-18

  The cash-balance plan is a "Hybrid" that's re-emerging as a middle ground between defined-benefit and defined-contribution plans. Legally it's a DB plan (the employer, not the employee, takes on the financial risk of achieving a preset benefit), but it's structured like a DC plan (somewhat like a 401k, it features...

  Tags: CFO Publishing Corp., 401(k), Retirement Plans, Benefits, Payroll Solutions, Investment, Human Resources, Finance

• Sprucing Up the 401(k): With Other Retirement Vehicles in Dire Shape, Plan Sponsors Are Rethinking Their Defined-Contribution Offerings

  BNET - 2006-04-01

  Social Security is projected to become insolvent in 2041, according to its trustees. Traditional pension plans are terminated, frozen, or underfunded with increasing regularity. That leaves the 401k plan to carry the bulk of the retirement load. The trouble is, though, plenty of research suggests that 401k plans, as they...

  Tags: CFO Publishing Corp., 401(k) Plan, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance

• Benefits in 2020: The Future of Health and Retirement Plans Presents Big Challenges for Employers and Employees

  BNET - 2006-02-15

  Employee benefits have been a lose-lose situation for years. Even as companies have asked workers to absorb a higher percentage of health-care costs; cut benefits for retirees; and shifted away from richer Defined-Benefit DB plans in favor of more-predictable 401ks, CFOs have still had to face their corporate boards and...

  Tags: CFO Publishing Corp., Health Care, Benefits, Vertical Industries, 401(k), Healthcare, Retirement Plans, Human Resources, Enterprise Software, Software

• Matchmaker, Matchmaker, Build Me a Plan: While Simplified Investment Choices Can Boost Employee Participation in a 401(k), Nothing Meets That Goal as Well as a Robust Cash or Stock Contribution That Matches Part of What the Employee Saves

  BNET - 2006-01-12

  While there are many variations in matching formulas, an employer pay-in of 50 percent up to the first 6 percent of salary that the employee contributes is increasingly considered to be the standard. Matches should be stretched out across as big a percentage of pay as possible to move workers...

  Tags: CFO Publishing Corp., 401(k) Plan, Stock, Matchmaker, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance

• Avoiding 401(k) Contributions Is Risky Business: Employees' Retirement Income Could Fall Short of Their Projected Needs by as Much as 73 Percentage Points

  BNET - 2005-11-29

  If one does not contribute to his or her 401k plan, one probably will not have enough money to maintain the current lifestyle. That's one of the findings in a new study released by Hewitt Associates. According to the research, employees who do not contribute to their 401k plan can...

  Tags: CFO Publishing Corp., 401(k) Plan, Income, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance

• Now Wal-Mart Memo Proposes Benefit Cuts

  BNET - 2005-10-27

  In order to slow the rising cost of employee benefits, Wal-Mart will propose strategies to its board of directors that include setting high health-insurance deductibles, hiring more part-time workers, requiring physical activity for all jobs to discourage unhealthy job applicants, and reducing 401k contributions. The news follows by only a...

  Tags: CFO Publishing Corp., Wal-Mart Stores Inc., 401(k), Retirement Plans, Recruitment & Selection, Corporate Governance, Human Resources, Benefits, Workforce Management, Business Operations, Corporate Law

• Little Growth Seen in 401(k) Plans: For All Workers, the Participation Rate in 401(k) Plans Has Topped 70 Percent, According to a New Study, But for Workers Under the Age of 30, the Figure Is a Mere 46 Percent

  BNET - 2005-05-16

  Compared with results from 2002, when Hewitt conducted its previous study, the participation rate in 401k plans increased slightly, to 70.3 percent - but for workers under the age of 30, that figure was just 46 percent. Hewitt's study examined the saving and investment behavior of more than 2.5 million...

  Tags: CFO Publishing Corp., 401(k) Plan, Worker, Hewitt, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance

• When Plans Collide: Would Corporate Retirement Plans Be Threatened by the Adoption of Social Security Private Accounts?

  BNET - 2005-05-01

  As the debate rages over whether the Americans should be allowed to "Carve out" some of their Social Security payroll tax to create Individual Accounts IAs for retirement, one potentially volatile question has gone largely unasked: How would the existence of the private IAs affect participation in corporate 401k plans?

  Tags: CFO Publishing Corp., Social Security, 401(k), Operational Accounting, Retirement Plans, Government, Human Resources, Benefits, Finance

• 401(k) Participation Holds at 73 Percent: Companies Look Into Automatic and "Easy" Enrollment Approaches to Encourage More Employees to Take Part

  BNET - 2005-04-08

  More than one-quarter of employees at companies with a 401k plan have chosen not to participate, according to new survey by Deloitte Consulting. Specifically, plan participation by employees at 426 responding plan sponsors in 2004 was at 73 percent, holding steady for the third year straight. The companies surveyed had...

  Tags: Employee, CFO Publishing Corp., 401(k) Plan, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance

• Make It Automatic: To Boost Retirement Savings, Future Plans May Turn Every Step From Enrollment to Rollover Into a "Default" Choice for Employees

  BNET - 2005-04-01

  Rule No. 1: Inertia dominates human actions. Rule No. 2: People fear loss more than they value gain. As two tenets of behavioral finance, these principles are still largely confined to being studied in the world's business schools. But the twin theories already serve as the underpinning of a 401k...

  Tags: CFO Publishing Corp., 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance