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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Why ‘Resilience’ Is The New Critical Advisor Success Factor
Resilience is going to determine the quality of your reopening, your first-mover status, and whether your new normal…
Employees Now Most Concerned About Financial Health, Study Finds
More than half (52%) of U.S. employees are most concerned with their financial health in the wake of…
Protecting Retirement Savings with Emergency Funds
We may find ourselves greeting other people with elbow bumps, working from home, and having a whole new appreciation for emergency fund savings accounts.
Combating The Washington Post’s Ridiculous 401(k) Criticism
Democracy dies in darkness, and so apparently do retirement plans. The Bezos-owned Washington Post is out with a…
EBSA Issues New CARES Act 401(k) Guidance
Further federal guidance regarding deadline relief for 401(k) plans impacted by CARES Act changes is here. The Employee…
401(k) Cashback Provider EvoShare Expands During COVID Crisis
EvoShare, a micro savings-oriented FinTech startup that allows for cashback rewards in 401(k)s, made two major announcements in…
Major League Baseball Team Suspends 401(k) Employer Match
Whether or not professional baseball will be played this season is still undecided, but one team is positioning…
Munnell Calls for Post-Crisis Action to Stabilize Social Security Finances
Social Security is once again proving its worth during the coronavirus pandemic, continuing to provide steady income to…
Advisor Contingency Plans in Vogue Because of COVID-19
A global pandemic is not a good time for an advisor to be without a contingency plan for…
Nationwide Moves to Permanent Work-From-Home Strategy
Nationwide took that step yesterday, announcing it will permanently transition to a hybrid work model that combines working…