Browsing Tag
401(k) Loans
50 posts
ARA Wants 401(k) Safe Harbor, Distribution, Reporting Relief
The American Retirement Association is taking a multipronged approach to retirement plan relief in the face of the Coronavirus…
How to Resist 401(k) Hardship Withdrawals
Just because 401(k) plan participants can easily take a hardship withdrawal today doesn’t mean they should, of course.…
Nine 401(k) Mistakes Many Boomers Make
We’re not going to use the so-2019 catchphrase Millennials overused to shrug their shoulders at Boomers, but it…
The Small-Biz Case for Financial Wellness Programs
At small- to medium-sized enterprises (SMEs), absenteeism can have a massive impact on the company’s ability to conduct…
401(k) ‘Cholesterol’: Are Loan Defaults a Financial Health Hazard?
Most of us learn about LDL when we visit our doctors each year. In a physician’s office, LDL…
How to Reduce Early Withdrawals from 401(k)s
401(k) early withdrawals can hurt retirement savings. Learn risks, tax penalties, and strategies to reduce early 401(k) withdrawals.
Opportunity Costs Cause Major 401(k) Loan Leakage Loss
401(k) loan defaults reduce retirement wealth, costing workers billions in lost savings and compounding opportunities.
Employees Game for Payroll-Deducted Emergency Savings
Emergency savings matter. Many employees struggle, but payroll-deducted plans with employer support can ease stress and build security.
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…
New Product Allows 401k Participants to Save for Emergencies
For many, it’s one of those unfortunate facts of life: financial emergencies happen. How prepared are your plan…