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    News and Articles on Savings Plan

    Archives: Savings Plan

    PNC merging some benefits plans  Nov 24, 2009
    The PNC Incentive Savings Plan and the National City Savings and Investment Plan are to be merged: PNC acquired National City last December. Also, certain plan design and investment option changes will be implemented for the PNC ISP and the PNC Global Investment Servicing Inc. Retirement Savings Plan. (Pittsburgh Business Times, PA)

    Plan ahead: high interest accounts at 5.46 percent  Nov 23, 2009
    Must set up an automatic savings plan of $100 or more ... Set up a monthly Automatic Savings Plan for $100 (or more) and receive a variable rate of 5. (Sydney Morning Herald -- Sport)

    Weekday holiday savings plan  Nov 22, 2009
    Your 4-Week Holiday Savings Plan. 4-Week Holiday Savings PlanBy Carmen Wong Ulrich. (CNN)

    Make your family's education as debt-free as possible  Nov 21, 2009
    Start an education savings plan ... So it is important to budget and save in accordance with the cost of education in the future and not simply base a savings plan on the cost of an education today. (Lake City Reporter, FL)

    Oppenheimer Settles Lawsuit With Oregon for $20M  Nov 20, 2009
    OppenheimerFunds settles college savings plan lawsuit with state of Oregon for $20 million ... In July, Oregon replaced Oppenheimer with TIAA-CREF to run the college savings plan. (ABC News -- Wire)

    The reality of school board service  Nov 19, 2009
    This same level of dedication is also present in our other Trustees including Board President Alan Rich (instrumental in the 5 million dollar bond savings plan recently approved - among many other duties), Board Vice President Ron McBee (Chair of two committees while now taking a position with Ingram ISD as head of their Business Department), Secretary Bob Ogle (Board Secretary and Chair of two current committees), Susan Hulett (immediate past President of the Board and current Chair of two... (Boerne Star, TX)

    College savers get options, with prepaid under study  Nov 17, 2009
    The administrator for Ohio s college savings plan has completed a multiyear effort to improve its investment offerings and is studying a return of the popular prepaid tuition program ... That left savers with a small group of tax-exempt Ohio 529 College Savings Plan offerings that in some cases were criticized for high fees and subpar returns. (Columbus Business First, OH)

    RESTAURANT ASSISTANT MANAGER  Nov 13, 2009
    401 (k) Savings Plan ... Christmas Club Savings Plan. (Pensacola News Journal)

    Essential Energy Services Trust Announces Third Quarter 2009 Results and Elimination of the Distribution  Nov 11, 2009
    These measures included a 10% voluntary salary rollback for the executive management team, suspension of the Trust's short term incentive and savings plan matching programs, certain employees agreeing to take unpaid leaves of absence and headcount reductions. As a result of these initiatives, and other discretionary cost saving measures implemented since that time, the Trust expects to realize $4 million of general and administrative cost savings throughout 2009. (CCNMatthews Press Releases)

    Getting started with a 529 college savings plan  Nov 11, 2009
    You may have heard about the new push to get families to invest in 529 college savings plans ... Though still not widely used, 529 savings plans got a fresh endorsement in September when the Obama administration urged states to make it easier for middle-class families to enroll in them ... Put simply, a 529 savings plan lets families invest for college in much the same way as 401(k) plans let families save for retirement. (MSNBC -- Business)

    FirstBank, CollegeInvest launch 529 plan  Nov 11, 2009
    and CollegeInvest are teaming up to launch the first FDIC-insured 529 college savings plan in Colorado, officials said Tuesday. The Smart Choice College Savings Plan combines federal tax breaks with a Colorado state income tax deduction available only through plans offered by CollegeInvest, a not-for-profit college financing arm of the. (Denver Business Journal, CO)

    The pure brilliance of the Keating mind  Nov 8, 2009
    This "forced savings plan" is now looked upon by other countries as perhaps the best scheme of it's kind - it props up the stockmarket, it generates wealth and gets old folks off the public purse (self funded retirees are only something we've seen in the last 10 years or so, no. . (Sydney Morning Herald -- Opinion)

    Best of both worlds? Combined pension/401k  Nov 7, 2009
    The vulnerabilities of the 401(k) plan have cast doubt on whether a voluntary savings plan is the best way for workers to prepare for retirement. There are some possible alternatives coming, however, that might just catch on. (MSNBC -- Business)

    Higher deposit rates for selected products  Nov 5, 2009
    EON Bank Bhd s SaveMonthly account, in contrast, gives higher interest when depositors take up a monthly savings plan of at least RM100 per month. For example, a monthly saving of RM100 to RM500 would earn an additional 0. (The Star Online, Malaysia -- Business)

    Black & Decker CEO could reap $45M from Stanley Works deal  Nov 5, 2009
    6 million in a supplemental savings plan which includes his own contributions. Most Read Stories. (Baltimore Business Journal, MD)

    IBSYS.media.ImgLoader.delayView({el: 'img_N700075.18E6',imgs: ['/2009/1015/21301277_200X150.jpg']});  Nov 5, 2009
    -- Some people who counted on an Omaha company's savings plan to help them through retirement worry that the company's failure means that their money is gone ... The money was deposited into an employee savings plan over his 20 years of working at Reagan Buick Pontiac GMC. He said that original dealership owner Sam Reagan Sr. told him that the money was safe and not to be used in daily operations ... The employees could provide no paperwork to outline exactly how the savings plan was intended to... (7 KETV Omaha)

    Nokia Siemens Networks cuts thousands of jobs  Nov 4, 2009
    In addition, segments such as real estate and information technology will have to contribute significantly to the savings plan. In addition, the company hopes to achieve cost savings at the procurement side. (EETimes)

    Cash at what cost?  Nov 1, 2009
    CreditPlus, a program offered by BankPlus, extends loans of up to $1,000 to borrowers with poor credit provided they complete a three-hour financial education seminar and use half of the loan to open up a savings plan. "It's for people who are caught up in the payday lending cycle who want to re-establish themselves," BankPlus Senior Vice President Debra McGee said. (The Clarion-Ledger)

    State Parks service cuts graze Coastside  Oct 29, 2009
    The announcement follows Gov. Arnold Schwarzenegger s promise in September to keep parks open with the least disruption to visitors by carrying out a one-time savings plan. State Park District superintendents tabulated the costs and benefits of service reductions in each park under their watch, and submitted proposals to the state department for implementation. (Half Moon Bay Review, CA)

    The Public Option: Let's Not Opt Out and Say We Did  Oct 28, 2009
    The classic example of the power of the default is the opt-out 401(k) savings plan. In a 2001 study, only 36% of the participants signed up for a retirement savings plan when they had to opt in even though their employers were matching their contributions ... The Administration has pushed one nudge after another, from simplified financial-aid forms after studies showed they could increase college-attendance rates to automatic savings plans for small businesses. (Time.com)

    What Makes First-Time Buyers Tick?  Oct 28, 2009
    In May, Soper said, "First-time buyers are back in force this spring, and with them the beginning of the market recovery. While these consumers appreciate government incentives such as tax credits, greater Registered Retirement Savings Plan deduction limits and rebates on home renovations, it is markedly improved affordability that is proving to be the powerful drawing card.". Re/Max correctly predicted that the activity at the low end of the housing market would kick-start sales in the mid and... (RealtyTimes)

    Cuts Made At Local State Parks  Oct 28, 2009
    2 million, one-time budget savings plan Gov. Arnold Schwarzenegger announced on Sept. 25 to keep parks open with the least disruption to visitors. Roy Stearns, deputy director of communications with , said park officials may make more adjustments to better save money. (KSBW 8, CA)

    Will People Follow a Health Care Mandate?  Oct 27, 2009
    The thinking is that people tend to settle for the default option -- in the most oft-cited example, people are far more likely to participate in a 401(k) savings plan at work if they are automatically enrolled in it, with the choice of opting out. OMB Director Peter Orszag has done research on that point, and Cass R. Sunstein, the director of the White House Office of Information and Regulatory Affairs, featured it in "Nudge," the 2008 popularization of behavioral theory that he co-authored. (CBS News -- US)

    Strattec warns while sales, profit jump  Oct 23, 2009
    The company will supplement its existing defined contribution 401(k) savings plan effective Jan. 1, 2010, with a higher company matching contribution. In addition, the company s retiree health insurance benefit program for eligible U.S. participants will also be changed to cap the amount of future payouts for associates who retire after Dec. 31, 2009. (Milwaukee Business Journal, WI)

    State may push for TVs to use half the energy  Oct 23, 2009
    Wyatt Buchanan, Chronicle Sacramento Bureau. Thursday, October 22, 2009. (San Francisco Chronicle)

    'Time for action' on fuel poverty  Oct 20, 2009
    " Carbon emissionsShe said there were ways and means of combating fuel poverty including energy efficiency measures and helping people claim the benefits they are currently not. Ms Davidson said tackling fuel poverty in Wales was high on her list of objectives and an updated fuel poverty strategy would be published for consultation in the next couple of weeks. "Making homes more energy efficient will also play a significant part in hitting our target of cutting carbon emissions by 3% a year from... (BBC News -- UK)

    SSM sees $48 million gain in first half of 09  Oct 19, 2009
    SSM also halted its employee tuition reimbursement program and stopped making matches to employees 403(b) savings plan, all as part of a plan designed to save the system more than $10 million. But things are turning around. (St. Louis Business Journal, MO)

    Residents want curbs on state pension benefits  Oct 17, 2009
    But more than half of those polled supported changing the rules for new public employees, including setting an upper limit on the amount a person can receive in pension benefits, replacing the pension system with a 401(k) retirement savings plan, or making current pension-setting formulas less generous. Fifty-eight percent of voters overwhelmingly opposed the idea of imposing a surtax on annual pension benefits that total more than $50,000. (San Francisco Chronicle)

    Survey: College is top savings goal for teens  Oct 17, 2009
    There's also a 529 savings plan option that's an investment account offering tax-free earnings growth to cover tuition and other costs such as room, board and books. Other options include a Coverdell education savings account, which is similar to a Roth IRA in which taxes are paid up front but the savings grows tax-free and are taken out with no taxes due. (Orangeburg Times and Democrat, SC)

    Single Parenting and Money  Oct 12, 2009
    Many single parents find it difficult to keep afloat with their finances, let alone begin a savings plan. Cash goes into paying household bills, keeping food on the table and paying school and childcare fees. (Suite101.com)

    Why put workers on hook to cut city costs?  Oct 11, 2009
    But instead of looking at new sources of revenue, he wants working people to give up their collective bargaining rights regarding health insurance by joining the Group Insurance Commission, and to give away a real pension for a glorified savings plan called a 401(k). How do these measures raise the standard of living or secure a better future for working people. (Boston Globe -- Editorial)

    Home sweet home investment? Sure, in the long run  Oct 10, 2009
    Of course, paying principal builds equity and is the equivalent of a forced savings plan, which can finance big expenses such as college tuition. In the long run, many people fund their retirement partly by selling a home they've owned for many years and moving into smaller, cheaper housing. (Muscatine Journal, IO)

    Young investor with stable job can withstand more risk in Thrift Savings Plan  Oct 10, 2009
    He is in the process of establishing his Thrift Savings Plan. There are five funds within the Thrift Savings Plan in which to invest: (1) a government securities fund; (2) a fixed-income fund that duplicates Lehman Bros ... It shares this shortcoming with the complete portfolios, known as L funds, which are also available through the Thrift Savings Plan - all contain more than $2 of domestic equities for each $1 of international equities. (Boston Globe)

    8 great companies to retire from  Oct 9, 2009
    Since the start of 2008, with the markets crumbling and the average savings plan at Fidelity down 27%, IBM's 401(k)s have fallen just 12. By Maha Atal, reporter. (CNN -- Money / Personal Finance)

    Computers & Information Technology Opportunities  Oct 8, 2009
    Retirement Savings Plan. Family services and support groups. (The Clarion-Ledger)

    How to Save for College  Oct 2, 2009
    529 Plan - How it Works: 529 savings plans are state-sponsored savings and investment programs ... Finding the Right 529 Plan for You With over 80 available, it can be a daunting task to find a 529 savings plan that is right for you ... Two 529 Plans that seem to rate well by the above criteria include the Utah Educational Savings Plan Trust which offers Vanguard funds, the states fixed income fund and an FDIC insured savings account and the New York 529 College Savings Program, with five... (CBS News -- Early Show)

    Gen Y faces credit hurdles  Oct 1, 2009
    That means starting a savings plan ... Establish a savings plan with automatic debit. (Sydney Morning Herald -- Business)

    Windermere keeps same millage  Oct 1, 2009
    By changing the town s health insurance plan for employees to a health savings plan, the town was able to cut costs by approximately 100,000. Residents should see a reduction in property taxes because a millage rate of 3. (Winter Garden West Orange Times, FL)

    Walgreen 4Q profit falls, but results top forecast  Oct 1, 2009
    company said its "Rewiring for Growth" savings plan started to pay off during the quarter, and also indicated the effects of the recession may be easing. Walgreen shares climbed to an annual high on the results. (Yahoo News -- Pharmaceutical Industry News)

    North Andover Education News  Sep 30, 2009
    The money will be deposited in the student s name into a U.Fund College Investing Plan account, the Massachusetts 529 college savings plan offered by MEFA and managed by Fidelity Investments. In addition, schools of participating students in Massachusetts will have an opportunity to win $500, $300 and $100 gift cards for school supplies. (North Andover Citizen, MA)

    College costs  Sep 30, 2009
    529 college savings plan ... Prepaid or guaranteed state college savings plan ... Many parents were similarly traumatized after last year's bear market demolished their college savings plans. (USA Today -- Money)

    After meeting with union head, Panthers worry about lockout  Sep 26, 2009
    Smith's major emphasis in his trips to teams is to encourage the savings plan the union is putting into place this year, trying to help players put money aside in case there's no football in 2011. They're encouraging the membership to put aside 25 percent of their earnings the next two seasons to cover themselves, but there will be programs funded by the NFLPA to help players with mortgages if their paychecks go away. (Herald Online, SC -- Sports)

    Be careful if cosigning a loan - it could keep you from getting one of your own  Sep 24, 2009
    First, how do I get the funds out of the 529 savings plan. Right now, I want to take the money and go on a dream vacation. (Boston Globe)

    Employees keep faith in 401(k)s despite bad time  Sep 24, 2009
    Perhaps, also, some of the lessons drilled into investors over the years actually sank in, such as the importance of sticking with a savings plan and not switching long-term strategies in response to short-term volatility. "We found that, by and large, workers kept the faith," said Catherine Collinson of the Transamerica Center for Retirement Studies in Los Angeles. (AZCentral -- Business)

    The incentive to succeed  Sep 23, 2009
    " through to a comprehensive financial road map. Good advice goes a long way Ross Jackson has been a client of AMP's Andrew Heaven for almost 20 years. Over that time, what started out as a professional relationship has become a personal one as well. Ross says his main goal, and that of his partner, Lisa, is to save enough to afford a comfortable retirement. Ross, 40, is the managing director of a small business in Sydney's northern suburbs. His parents were clients of AMP and he followed in... (Sydney Morning Herald -- Business)

    Home Appliance/Refrigeration (Jackson, MS)  Sep 22, 2009
    Login to save this job to your account. Login is currently unavailable while we perform necessary maintenance. (The Clarion-Ledger)

    Smart Spending: Christmas Clubs  Sep 20, 2009
    NEW YORK As Americans resume saving, credit unions and banks are reviving a concept that once seemed to have gone the way of the horse-drawn sleigh: the holiday savings plan, or Christmas club. "It is a throwback to a bygone era," said Steve Rick, a senior economist for the Credit Union National Association. (Republican-American)

    The 411 on 529 college savings plans  Sep 20, 2009
    NEW YORK You may have heard about the new push to get families to invest in 529 college savings plans ... Though still not widely used, 529 savings plans got a fresh endorsement recently when the Obama administration urged states to make it easier for middle-class families to enroll in them ... Put simply, a 529 savings plan lets families invest for college in much the same way as 401(k) plans let families save for retirement. (Republican-American)

    FT Home Appliance Repair Tech (Merritt Island, FL)  Sep 20, 2009
    Job Snapshot Location: Merritt Island, FL 32952. Employee Type: Full-Time Industry: Other Great Industries Manages Others: Not Specified Job Type: Installation - Maint - Repair Other Education: High School Experience: At least 3 year(s) Division: Aory Services Post Date: 9/19/2009 Contact Information Ref ID: 70555BR Description Aory Service is the nationwide leader in product repair service that provides a professional repair experience for our customers. (Florida Today)

    Co-signing way to help, but it may damage you  Sep 20, 2009
    First, how do I get the funds out of the 529 savings plan. Second, how do I get over the anger of scrimping and saving for years, only to have her throw everything away. (Fresno Bee -- Business)

    Bright outlook for domestic takaful business  Sep 19, 2009
    Acting on this strategy, STMB has in the pipeline three new takaful products for its financial year ending June 30, 2010, namely Takaful myGraduan (protection and savings plan), Takaful myInvest (protection and investment plan) and Takaful myGemilang (retirement plan). High-tech information technology solutions are also necessary to support the dynamic and various distribution channels such as corporate sales, bancatakaful and retail divisions within STMB, Hassan noted. (The Star Online, Malaysia)

    Savings Accounts  Sep 17, 2009
    Must set up an automatic savings plan of $100 or more ... Set up a monthly Automatic Savings Plan for $100 (or more) and receive a variable rate of 5. (Sydney Morning Herald -- Business)

    Mercedes and BMW Hit Hardest by Slump  Sep 17, 2009
    Zetsche has introduced a savings plan aimed at reducing costs by 4 billion a year. But he still hasn't been able to come up with conclusive answers to key questions. (BusinessWeek)

    Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan  Sep 17, 2009
    Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan - Yahoo ... Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan ... If you are a participant in the Textron Savings Plan and wish to discuss the legal ramifications of the administrator's investment in Company stock, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you,... (Primezone Releases)

    College money: Are you saving in this economy?  Sep 16, 2009
    529s are college savings plans that work much like Roth IRAs ... Roughly 11 million accounts have been opened since the federal government gave them tax exemptions in 2002, and they now account for about $100 billion in savings, according to the College Savings Plan Network in Lexington, Ky ... The 529 College Savings Plans. (Atlanta Journal-Constitution -- Living)

    Planning for retrenchment  Sep 15, 2009
    Dont be caught unprepared; keep your CV up to date and your savings plan on schedule. Network as much as possible so that you make connections with people who could be your potential employers in the future. (iAfrica.com)

    Introduction to UK Defined Contribu...  Sep 13, 2009
    Defined contribution pension schemes operate in the same way as most regular savings plans ... A major incentive for people to save through pension plans, rather than other types of savings plan, is the tax relief they receive. (Suite101.com)

    SamTrans cuts largely spare coast  Sep 11, 2009
    SamTrans directors adopted a cost-savings plan Wednesday night that keeps Coastside routes at the cost of higher fares and service reductions in other parts of the county ... Until last week, when staff issued a revised savings plan, directors were strongly considering eliminating Route 17, which runs along Highway 1 from Pescadero to Montara. (Half Moon Bay Review, CA)

    Buying a Home? Consider the Home Bu...  Sep 9, 2009
    One disadvantage that is often overlooked is the loss of earning potential in the RRSP. Since the balance of the savings plan would now been reduced, the funds remaining may not grow as quickly. However, many would argue that the appreciation in value of a newly purchased home may outweigh any loss over time. (Suite101.com)

    A plan to save for life  Sep 7, 2009
    For those of us not planning on winning the lottery any time soon, following a realistic savings plan is going to make life a whole lot easier," O'Leary says. "Take advantage of compound interest and watch savings grow. BUDGET BENEFITS. (Sydney Morning Herald -- Business)

    Rep. Giffords acted with dignity, aplomb at forum  Sep 6, 2009
    Giffords acted with dignity, aplomb at forum : Sierra Vista, AZ. The Sierra Vista Herald. (Sierra Vista Herald, AZ)

    The Florida Prepaid College Board Elects New Chairman, Mr. Duane Ottenstroer  Sep 5, 2009
    "I truly share the Board's commitment to helping Floridians save for future college expenses by providing the best, most cost effective, financially sound college savings plans and programs possible," Chairman Ottenstroer said ... The Florida College Investment Plan is a college savings plan, is not guaranteed, principal and investment returns will fluctuate, and you could lose all or a portion of your investment. (PR Newswire)

    Get the MOST for College  Sep 5, 2009
    Missourians thinking about sending a child to college should consider the advantages of investing in MOST - Missouri's 529 college savings plan. It is a smart and affordable way to save for college. (Missourian Publishing, MO)

    Variety of financial questions answered  Sep 1, 2009
    I think I have to cut back my Thrift Savings Plan contribution to 5% or possibly less ... I think I have to cut back my Thrift Savings Plan contribution to 5% or possibly less ... A recent study found about 6 percent stopped contributing to 401(k) plans altogether as they blamed workplace retirement savings plans, rather than the investments within the 401(k) plans, for losses. (Fresno Bee -- Business)

    State delays premiums on college savings plans  Sep 1, 2009
    That gave them little time to avoid the premiums by investing in the college savings plan before then ... 1 billion Guaranteed Savings Plan plan, which allows parents, grandparents and others to purchase college tuition credits at today's prices ... Once the premiums are imposed, a unit of tuition at Pitt that cost $535 in the 2008-09 school year will cost $556 for students enrolled in the 2009-10 school year and $600 if purchased for future use through the state's guaranteed college savings... (Pittsburgh Post-Gazette, PA)

    Savings Alert! Last Chance To Save For College at The 2008-2009 Lower Tuition Rates  Sep 1, 2009
    Aug. 31 /PRNewswire-USNewswire/ -- Pennsylvania Treasurer Rob McCord is extending the deadline for families to contribute money to a Pennsylvania 529 Guaranteed Savings Plan (GSP) account at the 2008-2009 tuition rates ... Sponsored by the Commonwealth of Pennsylvania and administered by the McCord Treasury, the GSP is a college savings plan which grows based on tuition inflation. (PR Newswire)

    Successful saving  Aug 31, 2009
    The products that suit short term savings plans are bank savings accounts, call accounts, fixed deposits and money market accounts ... Spend some time carefully planning how much you will need to save and then set up a systematic savings plan (a debit order off your bank account) ... A long term savings plan for retirement should include a structured and tax effective product like a retirement annuity. (iAfrica.com)

    Mr. Dean Curtis: Press Release  Aug 28, 2009
    CALGARY, ALBERTA--(Marketwire - Aug. 27, 2009) - Mr. Dean Curtis announces that he, through his registered retirement savings plan ("RRSP"), has acquired 3,600,000 units ("Units") of Continent Resources Inc. ("Continent") at a price of $0. 50 per Unit. (CCNMatthews Press Releases)

    Pa. imposes premium for tuition savings plan  Aug 25, 2009
    imposes premium for tuition savings plan ... imposes premium for tuition savings plan Tuesday, August 25, 2009 By Len Boselovic, Pittsburgh Post-Gazette ... 9 million deficit caused by soured investments means investors saving for college through Pennsylvania's Guaranteed Savings Plan will have to pay more than $1 for $1 of tuition. (Pittsburgh Post-Gazette, PA)

    'Confidence' in state of pensions  Aug 25, 2009
    Aon said that the number of people asking about their projected pension based on their current savings plan fell by 9% in the second quarter of the year compared with the first three months of 2009. However, the numbers were still 36% higher than the same period the previous year. (BBC News -- Business)

    Keller Rohrback L.L.P. Announces ERISA Investigation Regarding the Textron Savings Plan  Aug 21, 2009
    The investigation focuses on investments in Company stock in the Textron Savings Plan (the "Plan") ... If you are a participant in the Textron Savings Plan and held Textron common stock in the Plan, you may contact paralegal Jennifer Tuato'o or attorneys Erin Riley, Derek Loeser, or Lynn Sarko toll free at (800) 776-6044, or via e-mail at. (Primezone Releases)

    Can you invest for college, retirement at same time?  Aug 19, 2009
    One possible strategy is to contribute to your 401(k) and your IRA, and then use whatever money you still have available to fund a college savings plan. If your employer offers a match for your 401(k) or other retirement plan - such as a 403(b) or 457(b) - you should, at the very least, contribute enough to earn the match. (Rockport Pilot, TX)

    Your views: Letters to the editor  Aug 18, 2009
    In addition, under federal law, because Mercedes offered an ESOP, it was not required to, and did not, offer a 401(k) retirement savings plan. Also, the Bueschers chose to extol the ESOP as such a wonderful employee benefit, not offered by other builders, that they were justified in paying below-industry-average salaries and commissions. (Florida Today)

    Managing a budget  Aug 18, 2009
    To put your savings plan into action, youll need to identify your current spending patterns. And, the best way to get an accurate reading of your monthly expenditure is to analyse it over three months. (iAfrica.com)

    Employees again putting away money  Aug 18, 2009
    BOSTON Workers are again embracing 401(k) plans after the market meltdown and ongoing recession left many unable or unwilling to set aside some of their paychecks for retirement, according to the nation s largest workplace savings plan provider ... The figures are based only on workplace savings plans administered by Fidelity, which estimates its share of that market at about 25 percent ... As for those 50 and over and close to retirement, more than 70 percent of those eligible participate in... (Orangeburg Times and Democrat, SC)

    Ore. wins first round against college fund manager  Aug 18, 2009
    Oppenheimer's Core Bond Fund, valued at $89 million in the state's college savings plan last September, caused big losses in eight of 15 Oregon college investment portfolios. . (OregonLive, OR -- News)

    FACT CHECK: No 'death panel' in health care bill  Aug 16, 2009
    boscoe wrote on Aug 14, 2009 6:08 PM:" if you had a catastrophic insurance policy it might cost less than $100 a month, so you could pocket the remaining $256 and use it to pay the smaller bills. I am just pulling numbers out of the air here- but you should get my point. Insurance by its very definition should be shared risk for catastrophic expenses. It would be very cheaper that way. However, we have gotten used to using it for a prepaid/forced savings plan to cover all the little expenses,... (Jefferson City News Tribune, MO)

    Charlevoix County hires firm to find ways to cut energy usage  Aug 15, 2009
    By Steve Zucker Petoskey News-Review Staff Writer Friday, August 14, 2009 9:09 AM EDT CHARLEVOIX The Charlevoix County Board of Commissioners has hired a consultant to help it develop an energy savings plan for its two most-used buildings ... Bullion explained he would not expect to be paid if he does not deliver a viable energy savings plan as promised. (Gaylord Herald Times, MI)

    Workers adding to 401(k)s again  Aug 13, 2009
    US workers are again embracing 401(k) plans after the market meltdown and recession left many unable or unwilling to set aside some of their pay for retirement, according to Boston-based Fidelity Investments, the largest workplace savings plan provider. In the second quarter, more participants in Fidelity s defined contribution plans raised the amount they set aside. (Boston Globe)

    Lifeplan, Australian Unity to merge  Aug 13, 2009
    The group's combined investment bond, funeral bond and education savings plan business, which will be based in Adelaide, will continue to carry the Lifeplan name. 2009 Brought to you by. (Sydney Morning Herald -- Business)

    Where to Find Money for College  Aug 12, 2009
    The severe stock market downturn of 2008 hit many 529 college savings plans and other investments hard, leaving parents wondering how they will make up the shortfall when their children start college in a few years ... In addition to money set aside in college funds, such as 529 college savings plans and Coverdell education savings accounts (ESA), parents of college bound students often consider college scholarships and student loans as alternative sources of college funding ... This delay also... (Suite101.com)

    Essential Energy Services Trust Announces Second Quarter 2009 Results and Quarterly Distribution  Aug 12, 2009
    These measures include 10% voluntary salary rollbacks for the executive management team, suspension of the Trust's short term incentive and savings plan matching programs, employees agreeing to take unpaid leaves of absence and further headcount reductions. As a result of these initiatives, and other discretionary cost saving measures implemented since that time, the Trust expects to realize $4 million of general and administrative cost savings throughout 2009. (CCNMatthews Press Releases)

    Colonial faces lawsuit over 401K investments  Aug 12, 2009
    Pennsylvania-based Howard G. Smith has announced that it is investigating the Montgomery-based banking company regarding its 401(K) Savings Plan, which had investments in its common stock that is now considered a penny stock. The firm is investigating whether administrators of the savings plan breached their fiduciary duties to the Plan s participants in violation of the Employee Retirement Income Security Act of 1974, according to a written statement. (Birmingham Business Journal, AL)

    Remember: Congress works for us  Aug 10, 2009
    If you had a servant or maid, would they have a better health plan or retirement or savings plan better than yours. Edward Lewandowski, Evans. (The Augusta Chronicle)

    Sallie Mae and Upromise Investments Award Newlyweds, Both Liver Transplant Recipients, with $15,000 to Help Pursue Higher Education Dreams  Aug 7, 2009
    --(BUSINESS WIRE)--Sallie Mae and its affiliate Upromise Investments today announced a 529 college savings plan contribution on an episode of the new TNT show Wedding Day, a series that gives deserving brides and grooms a helping hand to ensure they get the wedding of their dreams ... Through its Upromise affiliates, the company also manages more than $19 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 11 million members and... (Yahoo! Wire -- Entertainment News)

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