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By JEFFREY M. JONES, Gallup— Non-retired Americans’ expectations about which sources they will rely on to fund their retirement differ significantly by their annual household income. Upper-income non-retirees are much more likely to say investments, such as a 401(k), IRA and other retirement savings accounts or individual stock investments, and work-sponsored pension plans will be […]
ILO News– Financial co-operatives out-performed traditional investor-owned banks during the global financial crisis on almost every rating level, according to a new International Labour Organization study. The study, titled Resilience in a downturn: The power of financial co-operatives, says customer-owned banks were much more stable and more efficient than the big traditional banks. “Financial co-operative” is […]
Continue reading …Your 401(k) has retirement savings plan been costing you money. How much? Until now it was difficult, if not impossible to tell for sure. Now, for the first time, you can find out exactly how much you are paying for 401(k) plan. The U.S. Department of Labor’s Employee Benefits Security Administration has announced a new […]
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