Monday, September 7, 2009

The future of the 401(k)



After the latest market drop, planners and investors are trying to figure out that means for their retirement plans.

NEW YORK (Fortune) -- Last year's meltdown was a sobering moment for 401(k) holders who were used to a market that only went up. Many of them thought of investing as risk free.
When that bubble popped along with housing and credit, 401(k) plan sponsors and investors wondered just what would happen next.

Kristi Mitchem, head of Barclays Global Investors' U.S. Defined Contribution business took some time to speak with Fortune about what is next for the 401(k) and how investors can get the most out of their retirement plans.

BGI manages 56% of the assets of the world's 100 largest pension plans and is the fourth-largest defined contribution plan manger in the U.S. It also helps companies make the shift to 401(k)s.


Posted by Sara Sindelar

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