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12/25/2008 News For:

401(K) Information


Starbucks may not match 401(k) contributions   Coffee shop chain Starbucks Corp has informed employees it won't guarantee matching contributions to their 401k retirement plans next year.

Starbucks ends 401(k) match program  NEW YORK Reuters -- Coffee shop chain Starbucks Corp has informed employees it won't guarantee matching contributions to their 401k retirement plans next year, the Wall Street Journal reported Tuesday, citing a letter from the company.

Starbucks may not match workers' 401(k) contributions  NEW YORK ? Starbucks Corp. told employees it may not be able to match their contributions to 401k retirement accounts next year in order to keep costs down. The coffee chain currently matches 25 percent to 150 percent of the first 4 percent of workers' pay, depending on length of service.

Starbucks may cut 401(k) matching contributions: Report  Starbucks Corp. may stop or cut back contributing to employees? 401k retirement accounts next year, according to a Tuesday report. SBUX

Starbucks may not match 401(k) accounts  NEW YORK ? Starbucks Corp. told employees it may not be able to match their contributions to 401k retirement accounts next year in order to keep costs down.

The trouble with 401(k) loans  Question: Some of the people I work with are taking loans from their 401ks. They say it's better to withdraw the money and pay yourself back with interest rather than see your 401k balance continue to go down. I can borrow up to $30,000 for five years. Do you think it would be a smart move to take out the loan? --Val, Tanner, Alabama

How to Deal With an Old 401(k)   by the plan administrator. Those tend to be more rigid than those at the companies that manage IRAs. Customer service can also be a factor. Discount brokers tend to act more like banks -- focusing on keeping your business. On the other hand, 401ks have a captive audience of company employees and a stream of new business whenever anyone is hired. If it's the investment choices within the plan ...

Starbucks Not Guaranteeing 401(k) Company Match In 2009: WSJ  Starbucks Not Guaranteeing 401k Company Match In 2009: WSJ

Starbucks may cut 401(k) match  Starbucks Corp. told employees it may not be able to match their contributions to 401k retirement accounts next year to keep costs down.

Starbucks targets 401(k) match  NEW YORK -- Starbucks Corp. told employees it may not be able to match their contributions to 401k retirement accounts next year.

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