Reed Saxon / AP Photo

After battling in court for nine years, Boeing has agreed to pay $57 million to settle a class-action lawsuit that alleged the company's 401(k) retirement plan charged employees excessive administrative fees and should have offered different investment options. 

Nick Ut / AP Photo

A class-action lawsuit focused on the retirement accounts for about 190,000 Boeing employees and retirees heads to trial next week. The lawsuit, which was first filed nearly nine years ago, accuses Boeing of offering employees 401(k) retirement plans that charged excessive fees. 

Tax Credits

In the wake of the recession, many people are trying to rebuild their retirement accounts. That can be tough if investment companies charge high fees. A recent "Frontline" special called the Retirement Gamble investigated how fees can eat away at people’s savings.


Retirement planning can be hard. Traditional, defined benefit pensions are going the way of the dodo bird. The majority of us will depend on a mix of Social Security, IRAs and 401(k) plans.

On this week's Money Matters, financial commentator Greg Heberlein and KPLU's Dave Meyer look at the best way to take money out of your IRA during "the golden years".

Gerard Van der Leun / flickr.com

Sixty percent or more of American families have 401(k) or 403(b) retirement plans. If you're under the age of 50, you can invest up to $16,500 in tax sheltered dollars each year in your retirement fund (and your employer can put in even more). If you're 50 or older, you can invest $22,000. But how many of us know how to manage these investments? You need to have a plan and stick to it. On this week's Money Matters, financial commentator Greg Heberlein tells you how to do it.