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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Words Matter: How People in Different Demos Describe Retirement
High-profile MIT AgeLab director Joseph Coughlin is out with new research about retirement readiness and attitudes among various…
A Massive 401(k) Mission Creep Mistake
Is it two birds with one stone or taking an eye off the ball? More “good ideas” are…
401k Advisors Shouldn’t Make Assumptions About Millennials
For better or worse, Millennials are doing things their own way. The industry is still learning about this…
Illinois Secure Choice 401k Program More Fragile Than Thought
Secure doesn’t mean “secure,” at least in Illinois. The governor of the fiscally-plagued state, Bruce Rauner, issued an…
IRS Helps Clear Way for 401(k) Plan Student Loan Benefits
The IRS released a private letter ruling last week which will help clear the way for employers to…
Fi360’s Top Quartile Fiduciary Scores
This quarter, 29,094 mutual fund (MF), exchange-traded fund (ETF) and collective investment trust fund (CIT) investments received an…
Will Middle Class Workers Sink Their Retirement?
The Schwartz Center for Economic Policy Analysis at the New School estimates that roughly 40 percent of Americans,…
401(k) Millionaires Club Membership Hits All-Time High
It’s official, there are more 401(k) millionaires than ever before, according to mutual fund behemoth Fidelity Investments’ latest…
Goofball Gronk’s Lesson in Retirement Readiness (No, Really)
An update to a story we reported some time ago about one of the NFL’s best retirement savers,…
Retirement Is Out, Unretirement Is In
The retirement landscape is certainly a-changin’. Workers who plan to retire in the next five years don’t anticipate…