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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Senators Want Billionaire ‘Wealth Tax’ to Fund All Medical Expenses
Democratic Senators Bernie Sanders, Ed Markey and Kirsten Gillibrand have introduced a 60% tax on what they say…
Democrats Slam Trump, DOL’s Fiduciary Stance
A roster of high-ranking and high-profile Democrats sent the Trump Administration a sternly-worded letter opposing the Department of…
Targeted Help: How TDFs Aid Investors in the Current Market Crisis
Sponsored By: How are target-date funds performing in the pandemic-driven market crisis? What’s the biggest surprise and/or…
New Savings Data Suggests ‘Positive Signs’ of Recovery
Ascensus is out with hard data about three specific areas at the beginning and (now) recovery of the…
COVID-19 Forcing Early Retirement
An analysis of employment trends as a result of COVID-19 by the University of Chicago found that many…
What’s Your HSA ‘Personality Type?’
Are you (or your client) a saver or spender? Budgeter, manager, long-term investor? HealthSavings Administrators has identified the…
Retirees Handling COVID-19 Better than Younger Generations?
Retirees are coping with the effects of COVID-19 far better than younger generations, despite the pandemic’s severe and…
Retirement Plan Participants Anxious but Engaged: Schwab
For some reason, American workers are more stressed than they were a year ago. A Charles Schwab survey…
Retirement ‘Super Savers’ Remain Confident, Keep Investing Despite COVID-19
Despite a global pandemic and recent market volatility, “super savers” are continuing to save big for their retirement,…
Pandemic Heightens Americans’ Social Security Anxiety
Most Americans believe it is more important to optimize Social Security now than it was before the pandemic according to Nationwide Retirement Institute.