Page 36 - 401 K News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> finally magazine consumer reports they picked their best car. the problem is this year no one can afford it. what is it? >> it won last year, too, no one could afford it either. naming it best overall car that means the model s scored high in performance and model testing. they start at 2 grand and go through 100 grand rapids.. the first time since 1998 three of the winning models were american made cars. the buick regal as well as chevy impala score top marks as well. let me show you numbers. we had record highs for your 401 k yesterday. the dow down yesterday. >> go to

We are doing a real experiment over the last couple decades. we have seen the 401 k programs which are meant to provide resierment pekt. t -- retirement. it is a mail your. >> how can it be a failure people have pensions they control. >> it replicates a basic number they want>> in real life when government promised people money government don't have. one was pritchard alabama. >> he retired from the fire department having now at age 66 he's a security guard at the local mall. >> put our money in every payday and he is supposed

America. in second place the monument men starring george clooney and matt damon $72.7 million. the cop comedy ride along came in third with 9.3 million. >> and the new announcement from aol about the controversial 401 k policy. lauren simonetti has the business news and other news this morning. >> it is an about face for ceo tim armstrong. the company is reversing course on the new 401 policy. on a first paycheck basis they would be handed out in lump sum at the end of the year. armstrong had sited obamacare and here is the controversial part. two women who gave birth to distressed babies wit...

The n word. that is what led to the push. after the game they would review the matter and decide on smart's punishment. but we are moving onto move stories katcreating some buzz. tim armstrong talked about cutting 401 k benefits at his company. they blamed two staffers and their babies. >> he later apologized but today one of those mothers wrote this statement. >> more mother's advocates are jumping onboard. we will keep following that.

That is people who claim that i didn't know what was in the bag. i didn't know what was in the car. this is what happens. if you get the delivery person, he is going to almost certainly claim i didn't know what was in it. >> a lot of the stuff is produced from a central place and distributed. >> the delivery services vary considerably in their size and complexity. there are some that do it on their own and other large organizations that have 401 k plans. that's a sizeable organization. >> i appreciate both your expertise. thank you so much. important discussion. follow me at twitter @andersonc...