Prime Trust Advisors

CNN Money
43% say they have less than $10k for retirement

The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.

3/9/2010 7:30:28 AM

CNN Money
How Uncle Sam wants to boost your retirement

Usually I cringe when our leaders in Washington try to help improve our finances. I'm afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you'll generate from your 401(k).

3/9/2010 4:27:49 AM

CNN Money
4 smart fixes for your 401(k)

With stocks up more than 60% since hitting bottom last March, the red ink is finally fading on the typical 401(k) account. Yes, it's safe to look at your statement again: Balances for boomers who have worked 10 to 20 years at the same company are now down less than 3% on average, compared with pre-crash levels; younger employees and 45- to 64-year-olds with less tenure are solidly back in the black.

3/1/2010 1:42:24 PM

CNN Money
Make the best of a bad 401(k)

You're probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions.

2/24/2010 8:34:35 AM

CNN Money
What you need in retirement: friends

My wife is always chiding me that I spend too much time working and not enough keeping up with friends. "You'll be sorry when you retire and don't have anyone to do things with besides me," she warns. I hate to say it, but she's right. It's easy to assume retirement planning is all about the bucks, but nonfinancial issues matter too.

2/17/2010 10:08:35 AM

Employee Benefits Research Institute
Data Show That Automatic Enrollment in 401(k) Plans Has Led to Higher Match Rates from Large Plan Sponsors

New research from the nonpartisan Employee Benefit Research Institute (EBRI) finds that employers adopting automatic enrollment in their 401(k) plans have also generally increased the “employer match” to participant’s accounts—in some cases, by a significant amount.

1/21/2010 12:00:00 AM