Browsing Tag
401(k) Loans
48 posts
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 401k 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…
401k ‘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 401ks
Most retirement professionals do their best to discourage people from taking early withdrawals, but occasionally, circumstances arise where…
Employees Game for Payroll-Deducted Emergency Savings
Americans aren’t the best at saving money for emergencies. Research has shown only about half of people could…
401k Millionaires Club Membership Hits All-Time High
It’s official, there are more 401k 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…
Drinker Biddle: 6 Critical Questions About 401k Loans
This a friendly reminder to pass on to your plan sponsor clients: even if your 401k or 403b…
Financially Stressed, Employees Look to 401ks to Cover Expenses
While fewer employees are stressed about finances in 2018 compared with the last few years, the number who…