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The 11 richest people on the planet under 35
Get last-minute, cheap Broadway tickets
Hulu rolls out ad-free option for $11.99 a month
Babe Ruth’s New York apartment is for sale
Vera Bradley soars on results, upbeat outlook

Inside the strongest S&P sector, the 10 best stocks
Dow pushes bid to halt latest multiday rout

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says 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

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $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?

Never use a market order when stocks are selling off

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

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

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


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Markets »

46.50MDow Volume:
Avg Vol: 111.86M
Unchanged
214
Decliners
2591
Advancers
3656
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 16,203 +145 0.90%
Nasdaq
/quotes/zigman/12633936/realtime 4,675 +39 0.84%
S&P 500
/quotes/zigman/3870025/realtime 1,927 +13 0.67%
GlobalDow
/quotes/zigman/629063/realtime 2,300 +5 0.22%
Gold
/quotes/zigman/662444/delayed 1,135 -5 0.39%
Oil
/quotes/zigman/2331095/delayed 43.59 -1.82 4.01%
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 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
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 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.59%
Yen
/quotes/zigman/16008150/realtime/sampled 120.08 +0.71 0.59%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.06%
DXY Index
/quotes/zigman/1652083/delayed 95.78 +0.40 0.42%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.54 +0.37 0.42%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 +0.01 0.45%
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 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 44 -2 4.01%
Gold
/quotes/zigman/662444/delayed 1,135 -5 0.39%
Corn
/quotes/zigman/7599553/delayed 365 -4 1.08%
DJIA F
/quotes/zigman/38649152/delayed 16,154 +67 0.42%
S&P F
/quotes/zigman/30356461/delayed 1,920 +4 0.21%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.24%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.29 1.06 1.22%
AAPL /quotes/zigman/68270/composite 109.93 2.21 2.05%
GOOG /quotes/zigman/30194416/composite 604.76 6.97 1.17%
BAC /quotes/zigman/190927/composite 15.65 0.12 0.77%
C /quotes/zigman/5065548/composite 51.08 0.14 0.27%
F /quotes/zigman/264304/composite 13.70 -0.02 -0.15%
T /quotes/zigman/398198/composite 32.60 0.28 0.86%
BP /quotes/zigman/247026/composite 31.89 -0.25 -0.78%
GE /quotes/zigman/227468/composite 24.15 0.27 1.13%
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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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Trending Tickers
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  • /quotes/zigman/55297/composite INCY+3.47%
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Encore
A blog about living in and planning for retirement

Class warfare in your 401(k)?

The statement that a sandwich from the local sub shop should cost exactly $5 for everybody in America, rich and poor alike, is fairly uncontroversial. The statement that everybody in America, rich and poor alike, should pay exactly $10,000 a year in taxes might embroil the speaker in a pretty heated argument. Ian Salisbury’s story today on MarketWatch, regarding a debate over a heretofore obscure 401(k) fee, brings both hypotheticals to mind.

Until recently, most 401(k) plans charged account-holders a percentage of their assets each year for management and administration, with the effect that bigger account-holders and long-time plan members have subsidized smaller and newer ones. Now, in the face of regulatory changes, more employers are moving to an “á la carte” system, and many are charging flat-rate management fees of, say, $100 a year for each participant—the rationale being that a 401(k) account costs roughly the same to administer whether it’s big or small. In other words, joining a 401(k) plan is like buying a hoagie.

Of course, while a $100 fee is a rounding error in a $250,000 account, it would represent a serious bite out of the savings of a younger investor or a new employee whose balance is, say, $5,000 or less. That’s why some consumer advocates argue for keeping the old model, where those who have more pay more. In other words, 401(k) plans should be more like the current federal tax system (presumably minus several thousand pages of loopholes and footnotes). “It’s the same debate we’re having at the national level,” Mike Alfred, co-founder of financial research firm BrightScope, tells Salisbury. “It depends on whether you are liberal or conservative…it’s who pays what.” (Based on the remarks in the comments section, Alfred’s polarized-national-opinion analogy is apt.)

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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

New York Markets Close in:

need to know
The 11 richest people on the planet under 35
Get last-minute, cheap Broadway tickets
Hulu rolls out ad-free option for $11.99 a month
Babe Ruth’s New York apartment is for sale
Vera Bradley soars on results, upbeat outlook

Inside the strongest S&P sector, the 10 best stocks
Dow pushes bid to halt latest multiday rout

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says 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

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $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?

Never use a market order when stocks are selling off

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

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

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


/conga/frontpage.html 353952

Markets »

46.50MDow Volume:
Avg Vol: 111.86M
Unchanged
215
Decliners
2608
Advancers
3654
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 16,203 +145 0.90%
Nasdaq
/quotes/zigman/12633936/realtime 4,675 +39 0.84%
S&P 500
/quotes/zigman/3870025/realtime 1,927 +13 0.67%
GlobalDow
/quotes/zigman/629063/realtime 2,300 +5 0.22%
Gold
/quotes/zigman/662444/delayed 1,135 -5 0.39%
Oil
/quotes/zigman/2331095/delayed 43.59 -1.82 4.01%
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 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
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 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.59%
Yen
/quotes/zigman/16008150/realtime/sampled 120.08 +0.71 0.59%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.06%
DXY Index
/quotes/zigman/1652083/delayed 95.78 +0.40 0.42%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.54 +0.37 0.42%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 +0.01 0.45%
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 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 44 -2 4.01%
Gold
/quotes/zigman/662444/delayed 1,135 -5 0.39%
Corn
/quotes/zigman/7599553/delayed 365 -4 1.08%
DJIA F
/quotes/zigman/38649152/delayed 16,154 +67 0.42%
S&P F
/quotes/zigman/30356461/delayed 1,920 +4 0.21%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.24%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.29 1.06 1.22%
AAPL /quotes/zigman/68270/composite 109.93 2.21 2.05%
GOOG /quotes/zigman/30194416/composite 604.76 6.97 1.17%
BAC /quotes/zigman/190927/composite 15.65 0.12 0.77%
C /quotes/zigman/5065548/composite 51.08 0.14 0.27%
F /quotes/zigman/264304/composite 13.70 -0.02 -0.15%
T /quotes/zigman/398198/composite 32.60 0.28 0.85%
BP /quotes/zigman/247026/composite 31.89 -0.25 -0.78%
GE /quotes/zigman/227468/composite 24.15 0.27 1.13%
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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

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-12.70%
  • /quotes/zigman/8669138/composite DWTI+11.54%
  • /quotes/zigman/465359/composite OPK+2.84%
  • /quotes/zigman/55297/composite INCY+3.24%
  • /quotes/zigman/10723435/composite TSRO+4.51%
X
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