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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
New Relief Tool for 401(k) Participants Impacted By COVID Fallout
Voya Financial and SAVVI Financial have teamed to offer a “COVID Relief Planning Assistant,” designed to help those…
As Q2 Markets Raged, 401(k) Participants Shrugged
As the S&P 500 was posting its best quarterly performance since 1998—much of it a rebound from steep…
Top Broker-Dealers Ranked By Advisors
J.D. Power is out with its list of broker-dealers that outperform, surveying financial advisors and their levels of…
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…