Browsing Tag
401(k) Retirement
1083 posts
A 401(k) retirement plan is a tax-advantaged savings account offered by many U.S. employers to help employees save for retirement. Workers contribute a portion of their paycheck, often pre-tax, and employers may match part of that contribution. The money is typically invested in mutual funds, stocks, or bonds and grows tax-deferred until withdrawal, usually after age 59½. Some plans offer a Roth option, allowing after-tax contributions with tax-free withdrawals. 401(k)s have annual contribution limits set by the IRS and may include features like automatic enrollment and loans. Early withdrawals may incur taxes and penalties unless exceptions apply.
Wealthy Americans Look for Help with Financial Planning
Northwestern Mutual found 47% of high-net-worth individuals say their financial planning still needs improvement
Andrew Biggs Explains Why There Really Is No Retirement Crisis
Andrew Biggs, Senior Fellow at the American Enterprise Institute and a former Deputy Commissioner of the Social Security Administration, explains why he thinks most Americans probably are indeed saving enough for retirement, and how what he says are “flawed” calculations exaggerate the shortfall of Social Security’s retirement income replacement rate.
Corporate Roundup: PASI Joins USRBP, Mercer Appoints CIO
U.S. Retirement & Benefits Partners announced its acquisition of Pension Administrative Services, Mercer appointed its latest chief investment officer, and more
UAW Wants Pensions Back for Workers; Automakers Keen on 401(k)s
“Audacious” demand may merely be a bargaining chip as General Motors, Stellantis and Ford are unlikely to go back to defined benefit plans
Qualified Plan Advisors Runs 401(k) for National 401(k) Day
The five-person team began the 250-mile run on Sunday and is expected to complete it on Friday
Human Interest Streamlines Retirement Planning Process with Fast Track 401(k)
The provider is offering its Fast Track 401(k) platform to SMBs who may be too intimidated to offer a retirement plan
DC Employers Increasingly Offer Retirement Income Solutions
More DC plan sponsors are evolving from an exploratory to a decision-oriented position when it comes to incorporating retirement income solutions, finds T. Rowe Price
Retire Here, Not There: WalletHub’s 2023 Best & Worst Places to Retire
One state dominates the top of the just-released rankings while another dominates the bottom
Middle-Class Americans Likeliest to Adopt Annuities
Research from the Committee of Annuity Insurers finds middle-class Americans have consistently used annuities over the past three decades to accumulate retirement savings
Corporate Roundup: eMoney Adds Latest Features, The Standard Hires
eMoney Advisor announces enhancements to its plan summary report, The Standard brings in new directors to its retirement plan sales team, and more