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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Investors Saved Nearly $6 Billion in Mutual Fund Fees in 2019
Research behemoth Morningstar found the average mutual fund expense ratio dropped from 0.48% to 0.45% in 2019. This…
CAPTRUST Continues Acquisition Spree, Buys Lakeside Wealth Management
CAPTRUST announced Wednesday that it has acquired Indiana-based Lakeside Wealth Management. The Lakeside team brings to CAPTRUST $1.6…
401(k) Trading Keeps Calm, Carries On
401(k) participants surprised many with their volatile response to the viral pandemic, vastly increasing trading during much of…
Retirement Plan Leakage Vastly Overstated, New ICI Analysis Finds
“Leakage” is almost always bad, but when it comes to retirement plans, it might not be as bad…
Automatic 401k Plan Features Proved Themselves in Market Meltdown
Score one for the “auto” revolution. Automatic plan features helped millions of 401k participants adhere to their financial…
DC Plan Response to CARES Act Varied by Industry, Recordkeeper
“The response of defined contribution plan sponsors to the CARES Act was primarily influenced by the industry they…
The First Casualty of Any Crisis
A crisis occurs when there’s an erosion of trust as a result of poor leadership, stewardship, and governance.…
Pandemic Provides Opportunity to Rebalance Client Communication
Most of us are creatures of habit. We thrive on routines and like to feel in control. But…
IRS Temporarily Waives Rule for Retirement Plan Changes
The IRS is temporarily allowing retirement plan participants to forgo in-person witnessing of election changes as long as…
Episode 1: Anthony Scaramucci on Trump, Biden and 401(k)s
The outspoken founder of SkyBridge Capital and the SALT Conference was run from the White House after only…