Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Celebrate 401(k) Day and Take Control of Your Retirement

Tue. September 02, 2008; Posted: 03:00 PM
Stocks RSS
ROCHESTER, N.Y., Sep 02, 2008 (BUSINESS WIRE) -- PAYX | Quote | Chart | News | PowerRating -- "You're in control" is the theme for this year's 401(k) Day celebration on September 5, 2008. The Profit Sharing/401(k) Council of America (PSCA) sponsors 401(k) Day to highlight the value of employer sponsored profit-sharing and 401(k) plans. As retirement follows work, 401(k) Day falls on the Friday after Labor Day during National Payroll Week, an annual celebration of America's wage earners and the payroll professionals who see to it that they are paid accurately and on time.

More than 48,000 Paychex clients help their employees take control of retirement by offering 401(k) plans. CFO magazine recently named Paychex the nation's largest recordkeeper by total number of plans in its 2008 401(k) Providers Guide. In fact, Paychex administers one in every ten 401(k) plans, according to statistics from the U.S. Department of Labor.

"Planning and saving for retirement is important, whether you are just entering the workforce, getting settled in a career, or quickly approaching retirement," said Tony Tortorella, vice president of sales for Paychex's Human Resource Services division. "401(k) Day is a fun way to help us emphasize the importance and spread awareness about 401(k) plan participation."

About 401(k) Day and National Payroll Week

The Profit Sharing/401(k) Council of America will have four distinct 401(k) Day campaigns, one for each demographic that employees fit into. The targeted campaigns will help plan sponsors increase awareness for contributions to 401(k) programs that will assist individuals in preparing for financial stability in retirement, regardless of what stage of life they are in.

Founded by the American Payroll Association in 1996, National Payroll Week celebrates the hard work of America's 156 million wage earners and the payroll professionals who pay them. Together, through the payroll withholding system, they contribute, collect, report, and deposit approximately $1.7 trillion, or 64.2 percent, of the annual revenue of the U.S. Treasury. Paychex is a platinum sponsor of National Payroll Week.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex(R). Human resource services include 401(k) plan recordkeeping, health insurance, workers' compensation administration,section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100offices and serves over 572,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com.

SOURCE: Paychex, Inc.

Paychex, Inc. Tracy Kather, 585-387-6433 Public Relations Specialist tkather@paychex.com

For full details on Paychex Inc (PAYX) click here. Paychex Inc (PAYX) has Short Term PowerRatings of 5. Details on Paychex Inc (PAYX) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [PAYX]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.