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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Colorado Becomes Latest State to Adopt an Auto-IRA Program
Colorado became the latest state to mandate employer-based retirement plans under a bill signed into law by Gov.…
July 15, 2020
COVAXX Announces First Multitope Peptide-Based Vaccine to Enter Human Trials
Chronic and infectious disease vaccine developer COVAXX announced pre-clinical data for its lead vaccine. The Hauppauge, N.Y.-based COVAXX…
July 15, 2020
Vanguard to Outsource its Retirement Plan Recordkeeping Operations
Vanguard said Tuesday that IT services firm Infosys will assume day-to-day operations of Vanguard’s DC recordkeeping business. However,…
July 15, 2020
401(k) Auto Portability Goes Public in Nationwide Rollout
Recordkeeper Alight Solutions will spearhead the launch of the latest “auto” to be added to the list. Following…
July 14, 2020
COVID-19 Expected to Have Short-Term Impact on DC Plan Sales
A new report says Defined Contribution plan sales are predicted to be considerably lower in the second and…
July 14, 2020
Episode 5: Christine Benz on FIRE, ‘Boring’ Allocations and Correlations in the COVID Crisis
Christine Benz is on FIRE (not literally). The Financial Independence, Retire Early (FIRE) movement has participants aggressively…
July 13, 2020
Biden Doubles Down on Helping Main Street Over Wall Street
Joe Biden unveiled a wide-ranging economic plan during a speech in Pennsylvania on Thursday that, while focused on…
July 10, 2020
PPP Loan Insurance is a Thing—Here’s What to Know
Businesses that accepted a PPP loan to keep their doors open during the coronavirus pandemic may be asking for another round of forgiveness soon.
July 10, 2020
2020 NAPA 401(k) Summit Still Set for September; Virtual Option Added
As of July 9, the rescheduled 2020 NAPA 401(k) Summit is moving forward and set to happen as…
July 9, 2020
Man Accused of Stealing Boeing IDs, Looting Retirement Plan
A federal grand jury on Tuesday indicted an Orange County, California man on charges that he fraudulently obtained…
July 9, 2020