Browsing Tag
401(k) Loans
50 posts
BoA ‘401(k) Participant Pulse’ Report to Track Participant Confidence
The new reports from BoA will track 401(k) plan participant confidence to assess what trends are impacting retirement planning and financial wellness
Fidelity 401(k) Report Card: Silver Linings Among More Declines in Q3
Average 401k balance drops below the six-figure mark, but participants haven’t cut back on contribution rates
‘Show Me’ the Money with Retirement Savings Leakage
Two articles say participants could avoid $2 trillion in retirement savings leakage
Auto-Enrolled 401(k) Loan Protection Has Potential to Save $2 Trillion
Analysis from EBRI and Custodia Financial confirms the positive impact of protecting American workers from harmful 401k loan defaults
401(k) Balances Hit Record Levels Again: Fidelity
Despite the financial challenges caused by the continued impact of the pandemic on the global economy, average balances…
9% of 401k Participants Took a CARES Act Distribution in 2020
With 2020 now (thankfully) disappearing in the rearview mirror, we’re starting to get a better look at how…
Poll Finds One-Third Raided Retirement Accounts During Pandemic
EDITOR’S NOTE: The following article contains an important survey correction provided by Kiplinger’s Personal Finance. The survey found one-third…
What We Learned About 401(k) Participant Behavior Amid COVID-19 and the CARES Act
Vanguard’s latest analysis of defined contribution (DC) recordkeeping data from January through September 2020 suggests that, while there…
2020 is Just Like Any Other Year, Said No One Ever
While saying goodbye to 2020 might be a welcomed event for many, year-end brings with it a number…
Principal: 99% of 401k Participants ‘Stay the Course’ in August
Most 401k participants and plan sponsors continue to “stay the course” while navigating the uncertainty surrounding the COVID-19…