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.
‘Most Powerful Tool to Get 401(k) Participants to Act’: Behavioral Expert
Too often, employees don’t seem to read and act on requests from HR and their retirement team. I…
Relax, 401(k) Participants Are (Allegedly) Doing Great
We’ll either wear burlap sacks with dirt on our faces, or light cigars with $100 bills. Views of…
The ‘Secret’ to 401k Participant Success?
Consistency counts—who knew? A recent study finds the average 401(k) plan account balance of workers who contribute consistently increased…
4 Really Bad Findings from New 401(k) Study
Employees have no idea what they’re doing, and do not feel good about it. Robo disruptor Betterment for…
Tenured Academic Elites Wrong on 401(k)s, Again
401(k) Retirement Disparity: Explore how a recent paper reveals that higher education levels impact enrollment in retirement plans.
Top 5 Movie, Television Quotes for Awful 401(k) Advice
We turn to celluloid heroes to save the world, fall in love, triumph over adversity—so why not for…
Depressing Election Year? Here’s what 401(k) Participants Should Know
Presidential elections have inspired numerous stock market theories, and these can distract 401(k) investors as they try to…
Do 401(k)s Contribute to ‘Income Inequality?’
The 401(k) savings gap shows higher-educated workers enroll and save more, increasing long-term retirement inequality.
What ‘Financial Happiness’ Means to Today’s 401(k) Participants
Financial Security American Dream now centers on stability, happiness, and peace of mind rather than wealth or status.
3 Realities of 401(k) Financial Wellness Programs
Learn how to implement effective financial education programs for employees, addressing financial illiteracy and poor spending habits.