November 3, 2008: The market turmoil of recent weeks has been brutal to 401(k)s. But beyond highlighting the woeful inadequacy of many Americans' retirement savings, the meltdown puts a spotlight on some longstanding pitfalls of 401(k)s themselves -- and makes it even more urgent that investors guard against them. This year through Oct. 30, the average 401(k) account balance dropped roughly 18% to 23%, depending on the participant's age and tenure with the plan, according...

October 1, 2008: Ending a strike that began Aug. 26, members of International Brotherhood of Teamsters Local 200 at Waste Management Inc. in the Milwaukee area Sept. 28 voted to ratify a new five-year labor agreement that will change the current defined pension program and replace it with a 401(k) defined contribution plan, according to the company and the union. The union's move to ratify the agreement comes after members twice rejected the same proposal,...

September 26, 2008: As Congress makes plans to bail out the financial crisis on Wall Street, our union is asking for help for our pension funds. Read the article in the Wall Street Journal.