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Millions of dollars are being left unclaimed in abandoned 401(k) accounts

Strasburg Tailors's picture
Submitted by Strasburg Tailors on Sat, 12/09/2017 - 16:39

From marketplace.org..  As the House and Senate consider their respective tax bills, both proposals raise questions about 401(k) savings accounts. As we've reported on Marketplace Weekend, one third of Americans have nothing put aside for retirement. Even so, it turns out, millions of dollars are being left unclaimed in abandoned 401(k) accounts. For more on why people are doing this, Lizzie O'Leary spoke with Charles Thorngren, CEO of investment firm Noble Gold. Below is an edited transcript of the conversation, which started with a question about why people are leaving retirement funds behind.

Listen to audio    See more at marketplace.org

Georgia GOP loses state Senate Super Majority

Adminatl's picture
Submitted by Adminatl on Wed, 12/06/2017 - 14:30

A Democratic victory in Georgia's state Senate election on Tuesday put an end to the Republican's two-thirds supermajority. Democrat Jen Jordan beat out fellow Democrat Jaha Howard in a runoff election for Georgia's 6th state Senate district Tuesday night, according to the Cobb County Courier.   BY MAX GREENWOOD - 12/06/17 09:33 AM EST

Republican Del. Tim Hugo leads Democratic challenger Donte Tanner by 106 votes out of more than 30,000 cast

Adminatl's picture
Submitted by Adminatl on Wed, 12/06/2017 - 14:12

FAIRFAX, Va. — The recount in Virginia’s 40th House District, representing parts of Fairfax and Prince William counties, will be held Dec. 13 and 14 at the Fairfax County Courthouse, a special judicial panel ruled Wednesday morning.

By Max Smith | @amaxsmith December 6, 2017 1:21 pm

Who is Minding the Hen House , newsroom staffing has shrunk by 30%

Adminatl's picture
Submitted by Adminatl on Thu, 03/23/2017 - 06:32

Penncrm is more than just a directory, it is the only social media tool that you control. The local newspaper you edit ...  learn to use it.

This Republic will become a criminal organization if the voters are incorrectly informed. The key to a functional democracy is the individual, that is you!  Yet, as a voter you most likely are misinformed, do nothing, and complain about your govenment. 

"The only thing necessary for the triumph of evil is for good men to do nothing" Edmund Burke 

Technology can hinder or help brick and mortar retailers

Jack's picture
Submitted by Jack on Wed, 03/15/2017 - 13:04

Neiman Marcus... three consecutive quarters of sales dips. 

Dallas Business Journal Reports ... "Last week, North Texas' fourth-largest private company by revenue reported third-quarter fiscal year 2016 sales of $1.17 billion, a 4.2 percent decrease "

New York Post Reports ... "Struggling under a toxic combination of a staggering $5 billion debt load and flagging sales, Chief Executive Karen Katz traveled recently to China to meet with potential buyers, according to a source familiar with the situation. 

USATODAY-Cincinnati Reports ... "Online spending for Thanksgiving and black Friday increased about 18 percent from last year.  Spending in brick-and-mortar stores dropped about 10 percent for the same period.  That has been a continuing trend for many years."

 

Civilsocialmedia help you understand how your small business can use technology to stay ahead. Small local business has particular opportunities to build stronger customer relations than a comparitable online compeditor.      

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