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need to know
Apple's biggest challenge: Topping iPhone 6
Petco gets private equity interest amid IPO
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354005

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,316 +3 0.14%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.05%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,713 +10 0.37%
Nikkei 225
/quotes/zigman/5986735/delayed 18,395 +300 1.66%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,879 +1 0.03%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 0.00 0.03%
Yen
/quotes/zigman/16008150/realtime/sampled 120.41 +0.08 0.07%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.08%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.41%
DXY Index
/quotes/zigman/1652083/delayed 95.94 -0.05 0.05%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.62 +0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.01 0.49%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.41 +0.01 3.01%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.05%
Corn
/quotes/zigman/7599553/delayed 366 -2 0.41%
DJIA F
/quotes/zigman/38649152/delayed 16,331 +1 0.01%
S&P F
/quotes/zigman/30356461/delayed 1,947 0 0.02%
Silver
/quotes/zigman/3134148/delayed 15 0 0.01%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Encore
A blog about living in and planning for retirement

Hope for 401(k) Savers?

Can the 401(k) evolve to provide retirement security, or is it a failed experiment? The point is hotly contested.

Two weeks ago, Sen. Tom Harkin (D., Iowa) proposed revamping the U.S. retirement system by replacing the 401(k) with a privately run retirement plan that would provide lifetime income benefits, similar to a pension.

Now, a new report from Fidelity Investments paints an optimistic picture of the 401(k)’s impact. On Aug. 2, Fidelity released an analysis of the 11.9 million 401(k) accounts it administers. Since 2009, the company says, the average employee contribution in the second quarter rose by $150, to $1,660. Employers, for their part, contributed an average of $950 in the second quarter, up $90 since 2009.

“Rising contribution levels from both employees and employers show a strong commitment that both have to workplace savings plans,” James McDonald, president of Workplace Investing for Fidelity, said in a prepared statement.

The firm said new trends among 401(k) plans have particularly helped members of Gen Y, born between 1979 and 1991. Among the 2.2 million Gen Y participants in plans Fidelity administers:

  • 51% have 100% of their money in a target-date fund, versus 30% of investors of all ages.
  • 8.8% contribute to a Roth 401(k), versus 5.8% of all participants.

Why are these trends positive? With a target-date fund, participants have “better diversified portfolios than previous generations, which can have a positive impact over the long term” on their returns, Fidelity says.

As for those who invest in Roth 401(k)s, they must contribute after-tax dollars. But once they retire, they withdraw the funds tax-free. For younger investors, this is typically a good deal. The reason: They are likely to be in a lower tax bracket when they make contributions than they will be in the future, when they make withdrawals.

“The trends we are seeing among our more than 2 million Gen Y participants are particularly exciting,” Mr. McDonald said in announcing the findings.

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 12)

View all Comments »
    • The entire 401k/403b/457/IRA industry is simply a privatization of Social Security brought about by Americans’ semi-religious faith in markets over principled government. In reality this new system is no less of a “ponzi scheme” than Social Security– zillions of citizens have no choice but to plow their money into existing market entities regardless of the actual worth of those entities… more an more money just keeps coming while somehow our 401ks sit flatly while Wall Street keeps reporting record profits… I wish that Americans would wisen up to what they are losing in terms of the Security in Social Security. Besides the freedom from worry about retirement, we could all spend less time trying to outwit our fellow investors while making better contributions in our actual careers…

    • I think you’re right. The people who open a Roth IRA when they have aecscs to a 401(k) are probably more money-savvy than those who don’t and more personally motivated to save.We just have Roth IRAs because our employer doesn’t provide 401(k)s. Next job, I hope!

    • I agree they cost some Americans jobs through their dicret and indicret subsidies. These are not jobs our economy wants or needs. It frees our labor for higher skilled jobs. The problems are all with them, not US.FIFY.I’m not sure that they’re jobs that aren’t wanted. Besides, why do you seem so willing to sell out the US and the jobs for which are here? You seem to want to remove any path that results in a smooth, pro-US transition that benefits the displaced in a visible way.The visible and financial stuff is what pays the bills; the “imperceptible” does not. They are a convenient scapegoat …that has Audi-driving thugs that make junk and forcibly devalue their currency. We need to fix what’s wrong with us like unions, overregulation, high taxes, and low savings rates.This is the 21st Century, not the 19th or early 20th wrt the first two. If you want to feel like you’re some 19th Century deity in business, go to a Third World country, and don’t come back. But then the rampant corruption will make sure you don’t.goods we get from china have never been cheaper. The quality has also declined as well to mere junk that has the lowest possible opportunity cost (due to its volume crowding out quality). It’s a shame you wish to listen to the siren song from Asia.

    • “As for those who invest in Roth 401(k)s, they must contribute after-tax dollars. But once they retire, they withdraw the funds tax-free.”
      This statement should always end with the caveat “…unless a future Congress changes this for people above a certain adjusted gross income.”

About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

Tokyo Markets Close in:

need to know
Apple's biggest challenge: Topping iPhone 6
Petco gets private equity interest amid IPO
Planet Fitness rises after earnings beat
Five Below shares tank in late trading
Oil stages turnaround to top $46 a barrel
The 11 richest people on the planet under 35
How estate planning can be stress-free
Get last-minute, cheap Broadway tickets
Babe Ruth’s New York apartment is for sale

Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354005

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,316 +3 0.14%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.05%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,713 +10 0.37%
Nikkei 225
/quotes/zigman/5986735/delayed 18,395 +300 1.66%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,879 +1 0.03%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 0.00 0.03%
Yen
/quotes/zigman/16008150/realtime/sampled 120.42 +0.09 0.07%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.08%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.41%
DXY Index
/quotes/zigman/1652083/delayed 95.94 -0.05 0.05%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.62 +0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.01 0.49%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.41 +0.01 3.01%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.05%
Corn
/quotes/zigman/7599553/delayed 366 -2 0.41%
DJIA F
/quotes/zigman/38649152/delayed 16,331 +1 0.01%
S&P F
/quotes/zigman/30356461/delayed 1,947 0 0.02%
Silver
/quotes/zigman/3134148/delayed 15 0 0.01%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/53883068/composite PLNT+1.43%
  • /quotes/zigman/23556538/composite TWTR+2.92%
  • /quotes/zigman/133914/composite LCI+4.63%
  • /quotes/zigman/52940733/composite TDOC-3.06%
  • /quotes/zigman/87598/composite NFLX-0.33%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

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  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
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