Month: May 2015

Economists Say 401(k) Plan Loan Policy Shapes Borrowing

Decades into reviewing the pluses and minuses of 401(k) defined contribution retirement plans, most employer plan sponsors have chosen to offer plan loans, which on the one hand give participants early partial access to their retirement funds but also threaten to erode those savings. A new paper suggests that plans’ loan policy can shape participant borrowing, […]

Putin to ‘Raise’ Retirement Ages

They say everything is relative. With his country having budget woes due to lower petroleum prices and sanctions over the Ukraine, Russian President Vladimir Putin has announced that he may be forced to “raise” retirement ages. Wait until you see what the ages are now!