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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
America’s Retirement Readiness ‘Score’ Improves, But …
American savers have steadily improved their retirement preparedness, with America’s retirement score at an all-time high of 80.
Empower Retirement Releases Real-Time Plan Design Platform
Empower Retirement has released its PlanVisualizer technology offering, a Monte Carlo-based simulator that allows 401k advisors to modify key…
The Key to Converting Prospective 401(k) Clients
Thoughtful communication helps 401k advisors build trust, strengthen client relationships, and open doors to new opportunities.
Will Trump Tax Cut Rescue Retirement Savings Rate?
Headlines blared the latest news from the Commerce Department on Monday afternoon, which pointed to seemingly contradictory data…
Woman Sentenced for Retirement Plan Embezzlement
Oklahoma woman gets 3-year federal prison sentence for embezzling hundreds of thousands from unionized engineers' benefits plan.
Big Boost to 401(k) Plans from Tax Cuts
Tax reform employee benefits drive higher pay, bonuses, and expanded programs as companies invest more in total rewards.
Americans’ Financial Satisfaction Hits New High
Personal Financial Satisfaction Index surges to record high as strong markets outweigh inflation and underemployment.
Tax Reform Pay Raises Continue
JPMorgan Chase is the latest company to announce wage increases in the wake of recently passed tax reform.…
Lowest 401(k) Trading Activity Seen in Two Decades
401(k) trading slowed in 2017, marking the lowest activity in 20 years as investors embraced target date funds and market growth.
How to Move 401(k) Financial Wellness from Idea to Execution (Part 1)
Employer recognizes employee's demand for help, but hurdles remain in solving the financial wellness problem. Advisor offers solutions.