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~ Wednesday, January 28, 2004
Help Is Coming for 401(k) Accounts: "Help Is Coming for 401(k) Accounts Wednesday January 28, 3:46 pm ET By Eileen Alt Powell, AP Business Writer Help Is on the Way for Workers Who Find It Difficult to Manage Their 401(k) Retirement Accounts NEW YORK (AP) -- Help is on the way for workers who find it difficult to manage their 401(k) retirement accounts. Many employees already have free access to Internet-based calculators, which allow them to set savings goals, evaluate their risk tolerance and choose investments. But some are befuddled when it comes to selecting specific funds or rebalancing their accounts. A recent study by the human resources consulting firm Hewitt Associates found that nearly 45 percent of workers feel they don't have enough information to make the right investment choices, and more than half want help in making investment decisions." | |