Browsing Tag
401(k) Participants
223 posts
A 401(k) participant is an employee who is enrolled in their employer’s 401(k) retirement savings plan. Participants can contribute a portion of their wages to the plan, often with pre-tax dollars, and may receive matching contributions from their employer. They have the ability to choose from various investment options, and their account grows tax-deferred until retirement. Participants have rights under ERISA, including access to plan information and protections against mismanagement. They may also take distributions or loans under certain conditions, such as retirement, hardship, or job change.
Junk the Jargon for Better 401(k) Plan Communication
401(k) communication that avoids jargon helps employees understand options, boosting confidence, clarity, and plan enrollment success.
Private Market’s ‘Dramatic Failure’ Reason for State Retirement Plans?
A flurry of year-end legislative proposals at the federal level hasn’t stopped states from moving forward with their…
How Much Do 401(k) Savers Need to Retire?
Retirement spending often exceeds expectations. Learn why saving beyond your plan is key to securing your financial future.
Major 401(k) Financial Wellness Messaging Fail
Financial wellness programs help reduce stress, improve satisfaction, and increase retention when implemented with consistency.
The True Cost of the 401(k) Match
For a startup or a small business, 401(k) matches can seem like a worthy but unattainable benefit. Even…
DOL Wants Your Opinion on 401(k) Auto Portability
Auto Portability Comments are open—share your views on the DOL’s proposed exemption for 401(k) rollover and retirement savings rules.
Consistency is Key to Big-Time 401(k) Plan Payout
Consistent 401(k) contributions can more than double account balances, proving steady saving is key to long-term retirement growth.
Why Partnering With an IRA Rollover Provider is Right for 401(k) Advisors
Year-end planning for business owners includes 401k plan review and amendments. Unresponsive ex-employees create challenges, increase costs.
What 401(k) Participants Lack, Love About Retirement Saving
Call it a crisis of confidence—nearly half of plan participants still don’t feel they’ll have enough money to…
Americans’ Financial Satisfaction Hits All-Time High
Quality 401(k) plan benefits attract and retain workers as financial well-being hits record highs and job market strength grows.