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  2. Are 401(k) Plans a Failed Experiment? - AOL

    According to the UC Berkeley Center for Labor Research and Education, about 75% of 401(k) account holders have balances below the frequently cited average of $60,000. The median account balance is ...

  3. Good News About Your 401(k)

    In 2011, 15.5% of PSCA-surveyed plans allowed company stock as an investment option for 401(k) contributions. On the whole, plan participants have reduced their holdings of employers' stock.

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  5. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.

  6. Ginny Brown-Waite - Wikipedia

    However, she was skeptical of the president's proposal for personal accounts, saying that he hadn't done a good job of selling it to seniors. On April 6, 2005, Brown-Waite introduced the Jessica Lunsford Act, named for Jessica Lunsford, a nine-year-old from her district who was kidnapped, raped, and murdered in Homosassa, Florida, by John Couey.

  7. MassMutual - Wikipedia

    In July 2020, Canadian-owned, Denver-based Empower Retirement announced it would be purchasing MassMutual's retirement plan business for $4.4 billion plus a contingency payout. A total of 11,593 employees make up the company's global workforce. As of 2016, MassMutual Life Insurance holds Fortune 500's 76th place – up from 2015's 94th.

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