Browsing Tag
401(k) Participants
219 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.
What’s Behind a Remarkable 25-Year Milestone for Invesco’s Kevin Holt
Join Kevin Holt as we discuss large cap mutual funds, value stocks and 401(k) diversity on this episode of 401(k) Specialist Podcast!
Even in Retirement, Consumers Worry About Debt, Mortgage
Close to a third of retirees are less secured about their retirement compared to past generations, finds Nationwide
Financial Advice Ticks Up as Investors Track Interest Rates, Upcoming Election
A Betterment report finds that more are pursuing financial guidance as they prepare for the year ahead
Wealthy Americans Fall Short of Retirement Goals
While high earners say they'll need $3 million to retire, that number rises to $5.5 million if they want to pass down wealth, finds First Citizens Wealth
Millennials, Gen Z More Hopeful About Retirement Than Gen X, Boomers
New study finds retirement outlook varies dramatically by generation
Retirees Considering Temp Work to Keep Up with Cost of Living
Temporary employment can provide extra income, flexibility
DOL Opens Abandoned Plan Program to Retirees of Bankrupt Companies
The changes would make it easier for Chapter 7 bankruptcy retirees to terminate, wind up and distribute retirement benefits
Investors Report Concerns Over Hitting ‘Magic Number’ for Retirement
Almost half of respondents say they will need between $1 to $2 million to retire
Retirement Income: Participant Needs Trump Demand
As in earlier solutions like auto features and target date funds, proactively providing innovations like retirement income show retirement plan decision makers are thinking ahead about what participants really need
Americans Anticipate Transitioning Into a Slow Retirement
New research from Allianz Life reports more Americans are looking forward to a gradual retirement