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.
3 Critically Important Characteristics of Millennial 401k Participants
Millennials—we love ‘em, they annoy us and we’ll spend a ridiculous amount of time trying to figure them…
Vanguard Takes the Low Road in its Latest Announcement
The low-fee fight continues. On the heels of reports that Vanguard had more global net inflows than all…
401(k) Participants Stayed the Course in a Rocky Year
401(k) savings trends stayed strong in 2016, with most participants continuing contributions despite political and economic turmoil.
How to Have Productive Discussions About Portfolio Risk
Market Crash Risk is often overlooked by advisors, yet knowing potential losses helps investors prepare for future downturns.
A Really Awful Understanding of the 401(k) Fiduciary Rule
High-profile advisor Terry Savage proffered important consumer advice in the Chicago Tribune about the fiduciary rule, and goes completely of the rails.
Shock! (Not): Millennials Need to Save More in 401(k)s
It’s not surprising, but still disconcerting. Participation in 401(k) increases with age: Millennials have the lowest rates, and…
Trump’s DOL Pick Puzder Out
Andy Puzder, President Trump’s cabinet nominee for Secretary of Labor, withdrew from the confirmation process, just one day…
How Are 401(k) Participants Reacting to Washington Craziness?
The inauguration of a new president, outrage in the streets, media reaction and “alternative facts”—it’s all a bit…
A Super Bowl Teachable Moment for 401k Participants
It was either agony or ecstasy for football fans, but last week’s Super Bowl stunner was a teachable…
11 Tips for Every Young Financial Advisor
You may have the passion and the knack to make it big as a financial advisor. However, financial…