Browsing Tag
401(k)
3593 posts
A 401(k) is an employer-sponsored retirement savings plan that allows employees to contribute a portion of their pre-tax or after-tax income towards retirement. These contributions are then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
How Gender Factors into Finances (from Day One)
Young women finance habits show strong budgeting skills but lag behind men in savings and investing—education can close the gap.
What to do About 401(k) Fee Compression
Brad Arends, chief executive officer of intellicents clues us in on how his firm is dealing with this evergreen and…
Creative 401k Marketing Ideas: Benefits and Baristas
Jim Marshall with Spectrum Investment Advisors has a few unique ideas. In this short interview conducted at the…
‘Professional Fiduciary’ Indicted for 401(k) Fraud, Embezzlement
Alleged husband and wife grifters Jeff and Wendy Richie were indicted Wednesday for fraud and embezzlement related to…
401k Match on Student Loan Repayments: Godsend or Mixed Blessing?
In a Private Letter Ruling (PLR), the IRS has recently sort of, kind of, maybe, in special circumstances…
Bright Lights, Big Ideas: 401k Leaders, Learners Link Up in Las Vegas
Part conference, part party, part awards ceremony (con-par-mony?), it’s back. Excel 401(k): The Advisors’ Conference returns to Las…
MIT Contest Seeks Retirement Saving Plan Replacement
The writing is on the wall for defined benefit (DB) plans, and everybody knows it. They’re all but extinct in the private sector and headed in the same direction within the public. Still some employers, particularly cities and states, are clinging to the DB model despite its prohibitive costs and unsustainable nature.
New DOL Rules Do Little for Open MEPs: Opinion
The Department of Labor (DOL) killed off what we call open multiple employer plans (MEP) six years ago. It…
The Increasing Value of Digital Tools for DC Advisors
Forget a Robo vs. human, us/them, John Henry-like duel to the death. Client-facing digital tools will increasingly complement,…
7 Attributes of an Excellent DC Plan
“How does our retirement plan compare to others?” This is a common question when an organization evaluates key…