Personal Finance Daily: 11 reasons to leave your 401(k) behind

	Personal Finance Daily AUGUST 16, 2012 Thursday's Personal Finance Stories By MarketWatch Don't miss these top stories: 11 reasons to leave your 401(k) behind Why Romney's financial help may cost millions July U.S. housing starts retreat after strong June Robert Powell writes today in his retirement column about reasons you might want to leave your 401(k) behind when you leave your job. Most advisers might recommend rolling your 401(k) into an IRA, but it you're 55 or older there are lots of good reasons to leave that money with your former employer, including lower fees and access to managed account services and advice. — Anne Stanley , Managing Editor, Personal Finance 11 reasons to leave your 401(k) behind Tax and retirement experts say you might not want to roll your 401(k) into an IRA when you lose your job or leave your employer. 11 reasons to leave your 401(k) behind ECONOMY AND POLITICS Why Romney's financial help may cost millions Mitt Romney's financial advice may be costing him millions, Brett Arends writes. Fees for blind trusts, hedge funds and private equity partnerships tend to be astronomically high. Why Romney's financial help may cost millions Cnooc's big deal for Nexen seen succeeding After seven years of quietly making small North American energy purchases and improving relations with key policy makers, Cnooc has jumped back into the big-time, politically-charged North American deal-making arena with its proposed purchase of Calgary, Canada-based Nexen Inc. for $15.1 billion. CNOOC's big deal for Nexen seen succeeding August Philly Fed index negative for fourth month A measure of Philadelphia-area manufacturing was negative for a fourth month running, according to data released Thursday showing the continued worries industry insiders have in one of the leading indicators for the broader economy. August Philly Fed index negative for fourth month July U.S. housing starts retreat after strong June Housing starts dip in July after builders broke ground on the most new homes and apartments in nearly four years in June, U.S. data show. Building permits stand at the highest in four years. July U.S. housing starts retreat after strong June Timid U.S., IMF leaving Europe in the lurch The euro crisis has outgrown the Europeans. The threat posed to the global economy means that the U.S., the IMF, China and other interested parties should abandon their hands-off attitude and intervene, writes Darrell Delamaide. Timid U.S., IMF leaving Europe in the lurch U.S. jobless claims up slightly last week Initial filings for unemployment benefits climb by 2,000 to 366,000 in the latest week, but Labor Department data also show the four-week moving average falling to its lowest level since March. U.S. jobless claims up slightly last week China FDI data signals flagging confidence China's foreign direct investment in July contracts 8.7% from a year earlier, marking its weakest level in two years and signaling lower foreign confidence in the mainland economy's prospects. China FDI data signals flagging confidence A China court case underwritten by privilege The conclusion of the trial of Gu Kailai and Zhang Xiaojun exposed the true stronghold of Chongqing's organized crime, writes Caixin editor in chief Hu Shuli. A China court case underwritten by privilege INVESTING Facebook falls to record low as lockup expires Facebook shares fall to record low as the post-IPO lockup on about 271 million shares expire. More than 1.3 billion more shares to be unlocked before the end of the year. Facebook falls to record low as lockup expires Jon Corzine has a deal for you Could Jon Corzine make a return to Wall Street? Why not? Jon Corzine has a deal for you Two stock bulls disagree on housing Hope for housing? Two successful veterans, both stock bulls, disagree. Two stock bulls disagree on housing Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111