Retirement Account

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  • Half of workers changing jobs cash out 401k

    Oct 28th, 2009 - Boston

    Half of workers changing jobs cash out 401kDES MOINES, Iowa—Millions of workers take a huge chance with their retirement savings every year: They cash out their 401(k) accounts when they lose their jobs or move to new employers. When people cash out...

  • WaMu employees' lawsuit against JPMorgan dismissed

    Oct 7th, 2009 - Boston

    SEATTLE—An attempt by former Washington Mutual Inc. employees to recoup their retirement account losses from JPMorgan Chase & Co., part of a complex tangle of litigation stemming from WaMu's collapse last year...

  • Judge dismisses WaMu employees lawsuit vs JPMorgan

    Oct 7th, 2009 - Forbes

    NEW YORK, Oct 7 (Reuters) - A U.S. District Court dismissed a lawsuit of former employees of Washington Mutual against JPMorgan Chase & Co to recover their retirement account losses after the collapse of the thrift.

  • Putnam's CEO to Propose Expansion of 401(k) Retirement Plans

    May 5th, 2009 - Bloomberg

    May 6 (Bloomberg) -- Putnam Investments Chief ExecutiveOfficer Robert Reynolds plans to urge regulators and investmentprofessionals today to expand workplace retirement plans andmake them safer. Reynolds...

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