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Author: foolazis Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Retirement plan changes Date: 8/17/2006 2:56 PM
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Here's some of the scoop on the new retirement plan changes just signed into law. In particular, note the following:

1. Encouraging automaric enrollment in 401(k)s.

2. Direct rollover from 401(k)s into Roth IRAs. You still have to cough up for the taxes, so this may not be all that great a feature.

3. Making the increased IRA contribution limits permanent.

Here's a link to the article

http://articles.moneycentral.msn.com/RetirementandWills/PlayingCatchUp/BigChangesForYour401kRetirement.aspx?GT1=8473

foolazis

(cross posted to Foolish 401(k) board)
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