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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Suze Orman Pleads for Switch to Roth Over Traditional 401(k)
Suze Orman reemerged this week with renewed criticism of traditional 401(k) plans, and pleaded for people to instead…
401(k) Cashout Leakage is Real, Not a ‘Narrative’
I write frequently about 401(k) cashout leakage, and I can assure you it counts for nothing around my…
How Employers Can Ease Escalating Employee Financial Stress
Lots of people are experiencing financial stress these days as a results of the COVID-19 crisis, but an…
‘Professional Fiduciaries’ Plead Guilty to 401(k) Fraud
The disturbing saga of Dallas-based Vantage Benefits Administrators is closer to a form of resolution, as husband and…
Top 401k Plan Providers for 2020
“There has never been a more challenging time to invest for retirement.” It’s quite the lead from the…
Pandemic Prompts Americans to Sharpen Financial Focus
One in 10 people have dipped into their retirement accounts and one in 20 have postponed retirement in…
Advisors Calm, Cool, Collected in COVID-Driven Volatility
Advisors remain relatively optimistic about stock market returns and performance, believing this year will end more like 2018…
1 in 4 Americans Less Confident in Financial Futures due to COVID-19
The COVID-19 pandemic has served as a wake-up call to Americans about their vulnerability to unforeseen illness and…
Republican Scaramucci Starts Joe Biden Super PAC
401(k) Specialist cover subject and pod(k)ast guest Anthony Scaramucci has joined a group of prominent Republicans who oppose…
401(k) Assets Totaled $5.6 Trillion in First Quarter 2020
Not bad, all things considered. Total U.S. retirement assets were $28.7 trillion as of March 31, down 11.9%…