Browsing Tag
401(k) Retirement
1080 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.
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
Offering NQDC Plans to Retain Top Talent
Latest research from NFP finds that 54% of plan sponsors offer the benefit to help participants prepare for retirement
Corporate Roundup: New Hires at Vestwell, Northern Trust, Wealthspire
Vestwell names a chief strategy officer, Northern Trust appoints a global FX leader, and Wealthspire Advisors hires a new advisor and announces their latest office
Longevity Planning Across Generations
A new study from Transamerica and MIT AgeLab compares how different age groups are planning their longevity, and how financial professionals can help