August 16, 2022

Mercedes Benz 401K Plan Challenged in Class Action Lawsuit | Top Class Actions

(oscarcwilliams/DepositPhotos.com) Mercedes Benz employees missed out on 401(K) earnings because the company mismanaged the fees on the account, according to a lawsuit filed by two employees who participate in the company plan. The plaintiffs say the carmaker’s financial mismanagement resulted in more meager retirement accounts for its employees primarily because Mercedes Benz used high priced record…

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Tips for Your 401k and Market Volatility | Personal Capital
Tips for Your 401k and Market Volatility | Personal Capital

Market volatility and trading volumes reached new levels recently. Making smart, confident investing decisions means having a plan — not just in the coming days but for the long term. For many individuals, this includes participating in an employer-sponsored 401k plan as part of a retirement portfolio. One of the most widely used investment vehicles…

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5 Reasons Why I Love My 401k
5 Reasons Why I Love My 401k

I love my 401k! If your employer offers a 401k plan, don’t hesitate to take advantage of it. Actually, I like the 401k so much that I think it should be the first investment anyone makes. I started contributing to my 401k in 1996 when I got my first full-time job right out of college.…

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