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Personal Finance > FFS Blog

Mandatory IRA/401(k)/401(b) Withdrawals Have Been Eliminated for 2009

Tom Fisher | Tue, 02/10/2009 - 11:09am | 401(k), Employer Recovery Act of 2008, investing, investments, IRA, new investment laws |  11 comments

Just before Christmas of 2008, the president signed the Worker, Retiree, and Employer Recovery Act of 2008. The bill suspended 2009 Required Minimum Distributions (RMDs) for IRAs, 401(k)s and 403(b)s. The intent of this change was primarily to give a break to retirees whose account balanc ... Read more

Stock Investing > Finance Professor

UVA: Sorry, Alumni, We Gambled Our Endowment And Lost

Mahar | Mon, 11/10/2008 - 5:15pm | endowments, investments |  Add a comment

Few things are more humbling than the stock market (and maybe a speed workout on a quarter mile track). Case in point: many of the big time universities with Billions in their endowments (I always wonder why people give more to those that already have so much, but I digress) have seen much of their ... Read more