| 401(k) flub: Turning down free money Question: I'm 24 and my 401(k) plan matches $1.25 for every dollar I contribute up to 6% of salary. I currently contribute 3% of my salary and then put $75 a month into a Roth IRA. I do that because I don't want all my eggs in one basket. I'm wondering, though, whether I should stop the IRA contributions and take advantage of the company match instead? What do you think? --Matthew, Sacramento, Calif. money.cnn.com |
Nasdaq OMX CEO's compensation jumps 55 percent (AP) Nasdaq OMX Group CEO Robert Greifeld received a 55 percent increase in compensation last year because of a big boost in stock and option awards, according to a recent regulatory filing. us.rd.yahoo.com |
Summary Box: Rules floated for target-date funds (AP) NEW RULES FOR TARGET-DATE FUNDS: Federal regulators have proposed new disclosure rules for target-date retirement funds that would require sponsors to spell out how they are splitting the money among stocks, bonds, cash and other investments, and to warn about risks. us.rd.yahoo.com |
The Error-Proof Portfolio: Rebalance, But Not to Excess (Morningstar) Transaction costs, time horizon, personality all play a role. us.rd.yahoo.com |
Florida investments exceeded goals in 2009-10 [AP] - Florida topped its investment goals in 2009-10, including a healthy 14 percent annual return for the state pension fund, according to an annual report released Wednesday. us.rd.yahoo.com |