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GE stock has fallen nearly 80 percent from highs in 2000, serving up a reminder of the risk of holding your employer’s stock in a retirement account. COLUMN-Beyond GE: U.S. workers own too much ...
In April 1997, a lawsuit against General Electric Capital Corp was filed on behalf of the company's customers who filed for bankruptcy. The GE Capital Corp. was accused of unfair debt collection practices. The class action lawsuit resulted in $100 million settlement with over 100,000 class members from 50 states. [82]
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One change set to make its debut in 2025 is mandatory auto-enrollment in 401(k)s and other workplace retirement plans for eligible participants. Under current law, you typically have to opt into ...
Please help update this article to reflect recent events or newly available information. ( July 2011 ) Dresser Industries was a multinational corporation headquartered in Dallas, Texas , United States , which provided a wide range of technology, products, and services used for developing energy and natural resources.
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Fidelity reports that roughly 22% of employees don't claim their full employer match on 401(k) plans. These workers may be leaving free money on the table because they can't afford to earn the ...