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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
7 Trends In 401(k) Participant Behavior and Plan Design
How are participants behaving with all that’s happening? Is plan design keeping up? T. Rowe Price did a…
DOL’s Brave ‘New’ Digital World
The very idea of “going digital” has become so commonplace that most people probably don’t even think about…
Trump: ‘Corrupt Joe Biden’ Will Make 401(k)s Disappear
After a period of Twitter silence about the state of the economy—mainly since the start of the COVID…
Fidelity to Pay $28.5 Million to Settle 401(k) Suit
Fidelity Investments has agreed to pay $28.5 million and change its recordkeeping practices on its own 401(k) in…
Warren Leads in VP Pick, Reintroduces Retirement Savings Bill
Recent polls have Elizabeth Warren taking the lead in voter preference as Joe Biden’s vice-president pick, but now…
Return of the DOL’s ‘Five-Part Fiduciary Test’
On June 29, 2020, the DOL issued a rulemaking package consisting of a final rule setting aside the…
Steep Second Quarter Advisor M&A Drop, But Deal Size Hits Record
The pre-COVID M&A space saw multiples rapidly reaching ridiculous levels, not unheard of in booming economies with daily…
Client Satisfaction: Who Plan Sponsors Rate as Top 401k Plan Providers
Seven in 10 plan sponsors (70%) report they are “highly satisfied” with their 401k plan providers according to…
Forget Bobby Bonilla: Bruce Sutter Day Even Better
In the history of deferred comp, salary annuitization, and smart (brilliant!) retirement planning, few top the windfall ex-baseball…
COVID-19 Having Bigger Impact on Smaller 401(k)s
According to new data from Ascensus, small business 401(k) plans with 25 or fewer participants appear to have…