DAVID PITT

AP Personal Finance Writer
Add To Watchlist

Index funds, ETFs gain popularity as 401k options

Investors are becoming more price conscious. In response to the increased pressure to lower 401(k) costs, alternatives to traditional mutual fund investments that offer significantly lower fees are growing in popularity.

Continue reading this entry ...

Survey: More expecting to retire in their 80s

Workers are growing to accept the idea that they may be working long after they've become eligible for senior discounts. Yet rather than fixate on their target retirement age, they're increasingly focused on how much money they'll need to retire, according to a new national survey by Wells Fargo & Co.

Continue reading this entry ...

Workers worries over retirement security deepen

Worker skepticism about having enough money to retire comfortably has taken a nosedive in a new national survey. Just 23 percent say they're very confident about being able to pay basic living expenses in retirement. That's down from 46 percent in 2008.

Continue reading this entry ...

401k study: Help can improve performance by 3 pct.

Sometimes it pays to get help. A new study of 401(k) accounts provides further evidence that workers who get help pocket higher returns than those handling their own investment choices.

Continue reading this entry ...

Retirement investment advice rules delayed to 2012

The Department of Labor said Monday it will delay until next year its plan to implement new rules regulating investment advice for 401(k) plans and individual retirement accounts.

Continue reading this entry ...

Government: 401k fee disclosures may be electronic

Workers with 401(k) retirement accounts are due to receive improved disclosures about the fees they're paying. The Department of Labor has mandated such disclosure beginning next year and on Tuesday said the information may be delivered electronically by email or through a secure website.

Continue reading this entry ...

Is it time to consider earthquake insurance?

Earthquakes and California go together. Or at least that's what most of the country thought until Tuesday's East Coast earthquake centered in Virginia.

Continue reading this entry ...

Default fears drove 401(k) investors from stocks

Workers with 401(k) accounts, fearing another drop in their savings similar to 2008, shifted investments from stocks to less volatile bond funds in the days leading up to Tuesday's debt ceiling vote.

Continue reading this entry ...

Fidelity: Couples need to talk retirement details

Workers have become more involved in retirement planning but too often just one member of the family takes care of investments and strategy, leaving the spouse unprepared to take over if needed.

Continue reading this entry ...

Gross: Seek investments outside US, dividends

For someone whose focus is managing the world's largest bond fund, Bill Gross is certainly sour on the bond market's future.

Continue reading this entry ...

New poll: investor optimism down 21 pct since Feb.

High gas prices, failure of the government to control the federal deficit, and persistently high unemployment has soured the attitude of workers toward investing, a poll released Thursday says.

Continue reading this entry ...

Fidelity: 401(k) balances up 12 pct from year ago

The average balance of 401(k) retirement plan accounts managed by Fidelity Investments rose to $74,900 at the end of the first quarter, the highest level since the company began tracking balances in 1998.

Continue reading this entry ...

Lessons learned from 4 years of 401(k) volatility

Americans who were afraid to open their 401(k) statements during the recession are finding good news inside the envelope now: For the most part, their accounts have come all the way back and then some.

Continue reading this entry ...

NYSE Euronext CEO 2010 compensation down 3 pct

The chief executive of NYSE Euronext Inc. received compensation in 2010 that was 3 percent less than the year before, primarily because stock awards and perks were lower.

Continue reading this entry ...

Fidelity: Average 401k balances reach 10-year high

Most 401(k) accountholders continue to plug away at setting aside a portion of their pay. That consistency, along with a rising stock market helped push balances in plans managed by Fidelity Investment to a 10-year high, the retirement plan provider said Wednesday.

Continue reading this entry ...

What the NYSE merger will mean for investors

The New York Stock Exchange will be acquired by Deutsche Boerse, owner of the Frankfurt stock exchange.

Continue reading this entry ...

Groundhog Day: Stop making these 5 money mistakes

Is there a shadow cast over your financial life? Maybe that's because you're stuck in a seemingly endless cycle of paying too much in taxes, fees, and penalties.

Continue reading this entry ...

How Obama's agenda could affect personal finances

0 President Barack Obama laid out an agenda for the second half of his term in Tuesday nights State of the Union address. He hit several broad themes including, curtailing government spending, revising the tax code, and promoting clean energy and education initiatives.

Continue reading this entry ...

More money, more problems? Managing a windfall

A chance to split a $380 million jackpot. Where's the problem in that?

Continue reading this entry ...

Most companies restore 401(k) employee matches

The stock market has rebounded nicely, yet there's still more good news when it comes to 401(k)s. Most of the companies that suspended their matching contributions as the economy tanked have either restored the match, or plan to within the next six months.

Continue reading this entry ...

Dwolla a new player in electronic money transfers

Just as plastic rendered paper checks nearly obsolete, gadgets may soon do the same to credit and debit cards.

Continue reading this entry ...

Government cracks down on worker benefit thefts

The Department of Labor says the recession is financially stressing business owners, and in a few cases they're pilfering employee contributions to 401(k) and health benefits accounts.

Continue reading this entry ...

Labor Department proposes new adviser rules

The Department of Labor says it wants to expand the number of consultants and advisers it can hold legally responsible for the advice they give retirement plan providers.

Continue reading this entry ...