Browsing Tag
401(k)
3588 posts
A 401(k) is an employer-sponsored retirement savings plan that allows employees to contribute a portion of their pre-tax or after-tax income towards retirement. These contributions are then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Record Number of Young Adults Living with Parents
“You again?” The number of adult children living with their parents has hit a record high, as the…
Episode 9—Financial Finesse’s Davidson: ‘Artificial Intelligence in Financial Wellness is Here’
Exciting innovation in financial wellness means it’s more tailored, more customized, and therefore more effective in helping working…
Financial Vulnerabilities of Retirees Before and During Pandemic
Despite the ongoing pandemic, three in four retirees (75 percent) say their confidence in their ability to maintain…
Most Influential Factor for Participants to Save for Retirement?
Not surprising, but refreshing to see it reinforced—employers play a critical role in motivating their employees to begin…
401(k) Plan Terminations Could Produce Wave of Leakage
During the COVID-19 crisis, massive job losses combined with economic hardship and relaxed restrictions on withdrawals have created…
The Rising Tide of the Roth 401k
Many employer-sponsored retirement plan participants are conflicted in deciding which type of account is best for their 401k…
2020 on Track for Fivefold Increase in 401(k) Lawsuits
According to a new analysis from Bloomberg Law, proposed class action lawsuits claiming excessive 401k plan fees are…
Half of Employees Plan to Work in Retirement as a Result of COVID
As a result of the COVID-19 pandemic, more than half of employed Americans are now planning to work…
Anthony Scaramucci to Talk Trump, TAPOs at EXCEL 401(k) Digital Series
He’s got something to say. Never shy for words, financer, author, speaker, and Trump foil Anthony Scaramucci will…
Opening New Doors: A New Era of Automated Financial Wellness
Liz Davidson wants to introduce you to AIMEE, her newest team member making an impact on financial wellness.…