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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
A Tale of Two 401(k) Balance Segments
For job-changing 401(k) participants with balances greater than $15,000, it was the spring of financial wellness, as the…
401(k) Advisors Who Ignore Financial Wellness Risk Losing Business
Shout out to advisors for their listening skills—although it would’ve been hard for them to ignore pleas from…
401(k) Participants Have a Severe Fund Fee Focus
Well this is surprising. The frantic focus on fees appears to be paying off, with the “vast majority”…
5 Ways to Help 401(k) Plan Sponsors Steer Clear of Lawsuits
Retirement plan sponsors have a continuing fiduciary duty to plan participants in a defined contribution plan. Navigating the…
A Perfect Opportunity to Push the 401(k)
A booming economy and low unemployment mean “slightly larger pay raises” for employees in the coming year, offering…
10 Best and Worst Places for 401(k) Participants to Retire
Retire in place or head for the shore? Mountain living or more city life? Where should 401(k) participants…
401(k) Plan Sponsors Seriously Worried About Employee Retirement Chances
Should 401(k) advisors be banging HSA and annuity (or rather “guaranteed income”) options harder? Yes, if we’re to…
A Big Financial Future Fail for Younger Investors
Optimism is outweighing realism among young people in their quest for financial independence. “A decade after the onset…
Make Sure 401(k) M&A is Done Right
Comcast is doing it. Walmart is doing it. The volume of merger and acquisition (M&A) activity in the…
Shock (Not)! Employees Want More Financial Wellness Info
Participants want financial wellness help above all else, at least when it comes to retirement education. Specifically, CUNA…