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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Pandemic Causing Nearly Half of Americans to Cut Back on Retirement Saving, Study Finds
Nearly six in 10 Americans (58%) say the economic impacts of COVID-19 are having a negative effect on…
Intellicents Introduces ‘Corona Crash’ Retirement Savings Survival Kit
Call-center questions from plan sponsors and participants about all that’s happening caused intellicents to develop and bind their…
States Where People Need Loans Most Due to the Pandemic
PPP loans, 401(k) loans and the number of hardship loans just needed to get by—and whether to take…
CFP Board to Permanently Allow Disciplinary Hearings by Video
The traditional processes and procedures that will rebound as the economy opens—and those that will fall victim to…
Which 401(k) Plans Get Sued and Why?
It used to be reserved for major 401(k) plans with deep pockets, but fiduciary lawsuits against plan sponsors…
Congress to Vote on Revamp for Poorly Performing PPP
PPP loan forgiveness changes may extend deadlines and flexibility, helping small businesses manage payroll and overhead challenges.
Latest State to Pass Employer-Sponsored Retirement Plan
The Land of Enchantment, New Mexico, is the latest state to pass legislation to make it easier for…
ESG’s Resilience in Pandemic Panic
BlackRock is all in with ESG and sustainable investing, with CEO Larry Fink’s relative success in convincing investors…
Pandemic to Force Millions of Retirees into Poverty: Report
The COVID-19 pandemic and resulting recession will force an additional 3.1 million older workers to “experience deprivation,” which…
Women’s Wage Gap Woes Worsen in Retirement
The wage gap has implications for women that expand well beyond their time on the job. While men…