Word: employeees
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Full disclosure time - this employee of AOL Time Warner has a 401(k), and between my allocations and the matching-shares program it's at least 85 percent in company stock. (I'm not sure, I hardly ever check it.) Now, you may or may not have been following AOL...
It may not get said a lot these days, but saving for retirement and having a 401(k) are not necessarily the same thing. There's no law that says a company has to offer a 401(k) to employees - it's a perk offered by employers to lure talent...
That flair led Watkins last summer to conclude there was something rotten at Enron. The numbers didn't add up. A pair of letters that she wrote to Chairman Kenneth Lay exposed top officials--perhaps including Lay himself--who for months had been trying to hide a mountain of debt...
--DEFINED CONTRIBUTION: In DC plans, the newest option, the employer makes a down payment toward the worker's annual health-care costs, typically the first $2,000. The employee pays the next $2,000. Anything above that is covered by insurance that the employer pays for. Because the deductible is...
Since 1986, the most popular way for the recently unemployed to stay insured has been through COBRA (Consolidated Omnibus Budget Reconciliation Act). The government-mandated program keeps any former employee's corporate health-insurance plan active for 18 months. Now the Internet enables comparison shopping for health insurance, and there...