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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
10 Key Features of A ‘Retirement-Ready’ 401(k)
Retirement readiness is all the rage, and defined as financially prepared employees that can retire without lowering their…
Bratty Millennials Beat Boomers at 401(k) Benchmarks
Millennial retirement savings are rising, with many planning early for freedom, flexibility, and financial security in the future.
401(k) Assets Hit New High (Again)
Another record high. Investment Company Institute reports that total U.S. retirement assets were $26.6 trillion as of June…
Is There Really a ‘Retirement Crisis’ in America?
There is a widespread perception that Americans aren’t saving enough for retirement. Some policymakers propose to increase the…
3 Fiduciary Issues to Consider if You Advise on IRAs
According to the Investment Company Institute, at the end of the first quarter of 2017, assets in IRAs…
Top Dem Trounces Trump Tax Plan
The top Democrat on the Ways and Means Committee took issue with tax reform presented by the Trump…
2017 A ‘Tipping Point’ for CIT Use
They’re not new but nevertheless hot—CITs are a major 401k topic in 2017. Collective investment trusts are investment vehicles…
8 Myths About Small-Business 401(k)s (Debunked)
In a recent survey by Paychex, Inc., 56 percent of small business owners who offer retirement benefits said…
The Toll Anxiety, Depression Take on Retirement Savings
Psychological distress can take a toll on more than just health. It can also significantly damage nest eggs,…
Protections Key to 401k Prosperity, Putnam CEO Claims
Bob Reynolds is on a roll, advocating for stronger protection and policy prescriptions for the nation’s private retirement…