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Archive for Monday, January 28, 2002

On the money

January 28, 2002

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From the collapse of energy trading giant Enron to new government contribution rules, 401(k) plans have been a hot news topic.

A number of Web sites offer an array of information related to 401(k) plan security and rule changes. If you concerned about your nest egg and want to stay informed on 401(k) developments, you might want to check out one of these sites:

U.S. Department of Labor at www.dol.gov/dol/pwba/public/pubs/protect/guide10.htm. It provides a list of 10 warning signs that may indicate trouble in a 401(k) program.

401kHelpCenter.Com at www.401khelpcenter.com. The site features news and a "Daily Digest" that keeps tabs on 401(k) plan rules and administration.

mPower.com at www.401kafe.com/commentary/feature/feature.xsp. It contains articles on 2002 changes.

SmartMoney.com at www.smartmoney.com/consumer/index.cfm?story20011204. The site discusses the effect of Enron's collapse on its 401(k) plans and how to safeguard your 401(k) savings.

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