Browsing Tag
401(k)
3591 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
How a ‘Go for It’ Attitude Gets Personal, Professional Results
“I came out of it a totally different person,” Jania Stout bluntly states. As past president of the…
Episode 8: 401(k) ‘Father’ Ted Benna on What We’re Doing Right and Wrong With Retirement
Who better to talk about the current state of 401(k) than the man who started it all?…
It’s Official: Plan Sponsors Design 401(k)s to Engage Participants
It’s all about the plan design, and 401(k) advisors’ persistence in getting sponsors to understand that fact is paying off.
HSAs Increasingly Positioned as Retirement Savings Tools
Plan sponsors are increasingly positioning health savings accounts (HSA) as retirement savings vehicles rather than healthcare spending tools,…
Public Retirement Research Database Reaches Critical Mass
PRRL says more than 100 public plan sponsors are sharing data in response to its campaign to build comprehensive new public DC plan database.
5 Least and Most Expensive States for ‘Retiring Comfortably’
Yet another iteration of “best and worst states to retire” is out, and this one focuses on ranking…
Why ‘Sudden Money’ and Preserving 401(k) Assets Don’t Mix
Researchers realize that long-term retirement planning is not a natural act for most 401(k) plan participants. Consequently, important…
DOL Announces Estimated Income Rule for Retirement Plan Participants
Workers receive an ongoing lifetime income estimation from Social Security, and now they will from employer-sponsored plans as…
Top 5 401(k) Firms For Participant Communication During COVID
In understandably anxious times for 401(k) participants, which companies are consistently communicating in a quality manner about COVID’s…
COVID’s Alarming Impact on Income: By the Numbers
Not that it’s necessarily a surprise, but concerning nonetheless. Approximately one-third (31%) of respondents have lost their entire…