International Business News - 401k http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A Detroit woman accused of persuading auto workers to withdraw about $600,000 from retirement accounts has been convicted of fraud. Prosecutors say Mary Kennedy Howard filed hardship requests, which can allow people to withdraw money from a 401(k) account to buy a house. But there were no houses, and Howard took a 10 percent fee. http://www.ibtimes.com/articles/20080724/detroit-woman-convicted-of-fraud-in-401-k-scheme.htm Thu, 24 Jul 2008 18:27:13 EDT Investors in 401(k) plans often sabotage their returns--especially participants with low salaries or those close to retirement, says a study by Financial Engines. http://www.ibtimes.com/articles/20080627/spotlight-401k-blunders.htm Fri, 27 Jun 2008 07:07:09 EDT Jamie P. Menges sees many of his clients getting squeezed in this economy, and some are considering hard choices _ like cutting back on their 401(k) contributions. http://www.ibtimes.com/articles/20080516/struggling-workers-hold-off-on-cutting-401-k-savings-so-far.htm Fri, 16 May 2008 14:58:51 EDT Are you losing money in your tax-deferred 401(k) and IRA accounts? Here's a thought that may add to your pain: If you held those same investments outside of a retirement fund, you could be using them now to cut your taxes. Instead, you'll wait years, rebuild your balances, and pay full income taxes on every penny that you use -- possibly at higher tax rates than you're looking at now. http://www.ibtimes.com/articles/20080128/tax-savings-income-401k.htm Mon, 28 Jan 2008 08:33:56 EST