401k Books

The guide readers need to retire richer—from the international bestselling author of The Smartest Investment Book You’ll Ever Read.In this thought-provoking and innovative new book, bestselling author Daniel R. Solin takes issue with the commonly held belief that participating in defined contribution retirement plans is a “no-brainer” because of the employer match. While providing readers with comprehensive, accessible information on the most common deferred compensation plans, annuities, and other retirement-based investments, he shows the 70 million participants currently in those plans how to create the best portfolio with often limited options. In his straight-forward, no-nonsense style, Solin offers the new rules for investing for retirement and shows readers how to quickly and simply determine their own needs, get control of their assets, avoid scams and sucker bets, discover untapped resources at retirement, and eventually get income out of tax deferred plans—the smart way.

How the 401(k) has come to dominate the American family's long-term investment portfolio, why it is inadequate-and what to do about it. The American public was hoodwinked: 401(k)s were established to satisfy corporations, not the interests of working Americans. Portrayed as a perpetual wealth machine, the 401(k) was meant to satisfy the needs of every employee. Yet, it was an impossible promise to fulfill: It was the great 401(k) hoax. According to William Wolman and Anne Colamosca, this was the latest act in the gradual erosion of the nation's retirement system. Drawing from reams of historical and contemporary data as well as economic, social, and political trends, they reveal the system's troubled 100year history. Beyond exposing the hoax, the authors urge everyone to take charge of their investment portfolio and recommend strategies for beating Wall Street at its own game. Timely and incisive, The Great 401(k) Hoax is guaranteed to inspire debate and action-from the water cooler to the boardroom to the voting booth.

Get the most out of your 401(k) in any economy Filled with sample 401(k) portfolios for every stage of life Invest your 401(k) money wisely and make the most of your retirement Want to know what kind of investment mix you need to make your retirement money grow? Don’t know what to do with a 401(k) account from your last job? Worried that your company’s 401(k) plan doesn’t cut it? Relax! This simple, plain-English guide shows you how to manage your accounts, minimize your risks, and maximize your returns. The Dummies Way Explanations in plain English "Get in, get out" information Icons and other navigational aids Tear-out cheat sheet Top ten lists A dash of humor and fun

Are you a retirement plan fiduciary but unsure of what's required of you? Does it scare you to be held personally liable for bad decisions? Do you have a sneaking suspicion that your plan is paying too much in fees but you're not sure how to find out? Are you worried that your employees won't be able to retire? If the answer to any of these questions is "Yes," this book is for you. "Josh Itzoe has a remarkable capacity for seeing through the maze of regulations surrounding qualified plans to the handful of core ideals by which successful plans must operate. This is a great, understandable guide for plan sponsors." -- Pete Swisher, CFP, CPC, Vice President and Senior Institutional Consultant, Unified Trust Company, N.A. and author of "401 (k) Fiduciary Governance: An Advisor's Guide" "Fixing the 401(k) is a bold and excellent work. Josh Itzoe reminds us that excellence is desperately needed within our private retirement system. By following the solid principles shared in this book, Itzoe reveals how any employer, large or small, can build and operate an excellent 401(k). The 401(k) is the mechanism that over fifty million people will rely upon to help their retirement dreams become a reality. This book is the starting point for employers who want to understand how to make their 401(k) truly excellent and help secure the common good of society." -- Matthew D. Hutcheson, Congressional Expert and Independent Pension Fiduciary

More than 78 million baby boomers, representing some 29% of the U.S. population, are approaching retirement, and about 58 percent of retirement assets are in defined contribution plans. If you want or need to take money out of your retirement plan-whether you've inherited a retirement plan, wish to buy a house, or just need money-IRAS, 401(l)s & other Retirement Plans will help you make the best choices concerning these plans, and cope with the accompanying rules and regulations. Filled with sample forms and charts, this book covers: tax strategies before and at retirement penalties for drawing money out early distributions you must take minimizing taxes distributions to your heirs ...and much more, including explanations of all the common types of retirement plans including 401(k)s and other types of profit-sharing plans, Keoghs, IRAs, and tax deferred annuities. The 9th edition incorporates the changes brought about by the Pension Protection Act of 2006, and includes all of the information regarding the new rules for taking money out of Roth 401(l) plans and anticipated changes to Roth IRA conversion rules.

IRA's, 401(k)s & Other Retirement Plans, by financial specialists Twila Slesnick and John C. Suttle, is a solid self-help legal look at a critical back-end issue that most of us blissfully ignore until we absolutely must confront it. The authors themselves admit it is not a compelling page-turner, but rather a comprehensive resource that at some point should prove indispensable to everyone with a retirement plan. They describe the various plans available--including Roth IRAs, to which an entire chapter is devoted--focusing on distribution rules, associated taxes, and potential penalties. They offer details on early distributions used to pay higher-education expenses or health-insurance premiums (which are not subject to taxes, under certain explicit conditions), distributions you must take during your lifetime (when they begin, how they're computed, what happens if your beneficiary changes), and distributions made after an account holder dies (largely concentrating on administrative procedures that could help you avoid unnecessary financial loss). Helpful appendices include relevant IRS forms, notices, and schedules as well as life-expectancy tables. --Howard Rothman

Despite the severe economic retreat in 2008-2009, 401(k) accounts—because of their tax benefits—are still the best way for most people to investment for retirement. And, almost without exception, the books in the marketplace are pre-credit crunch, diminishing their relevance to consumers. Mary Rowland, a former personal finance columnist for The New York Times, breaks down how they work, why they are still a smart investment, how to keep an eye out for hidden fees, and why now is the time for investors of all ages to start reinvesting in their retirement.

No need to panic. Written by financial experts, this essential guide tells investors how to keep their investments safe in this difficult economy. Readers will discover how economic upswings and downturns affect investment plans-and what can be done to anticipate these trends; changes in investment rules and guidelines and their impact on 401(k)s and IRAs; and how to identify the proper investment decisions for their needs. *On NPR's March 7, 2008, broadcast of All Things Considered, discussion centered on new weaknesses in the economy, and quite a bit of time was devoted to a story on how to protect your 401(k) *In 2000, 40 million 401(k) participants had an average account balance of about $50,000 and total assets of $2 trillion

Retirement Plans (formerly titled Pension Planning through the ninth edition) is a classic, the book relied upon by generations of faculty and thousands of professionals throughout the world. It reliably provides the reader with the features, costs, investment opportunities, and regulatory issues governing all the various types of retirement and other deferred compensation plans. The 10th edition keeps the book once again at the forefront of the discipline, with extensive coverage of the new Pension Protection Act, defined contribution plans, ethical plan administration, and much more.

In today s complex, increasingly-litigious world, you must ensure that your 401(k) investment program is sound and efficient. A well managed investment committee is the key to survival and success. Packed with numerous resources and examples, this clear guide will help you avoid legal and financial pitfalls and find answers to critical questions: What constitutes a prudent committee selections and operating process? How should a committee be governed? How much reliance should a committee place on outside consultants? How should committee members be selected? How are best practices articulated and implemented? You will learn to: Serve successfully on an investment committee Enable effective management Implement a robust investment policy An adept 401(k) investment committee helps you identify crucial issues and get the job done right.