Browsing Tag
401(k)
3593 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
11 Financial Steps to Help in the Coronavirus Pandemic
While early withdrawals from a retirement account are normally frowned upon, but special circumstances sometimes require special needs.…
Shake Shack Gives Back $10 Million PPP Loan
Burger joint Shake Shack announced on Sunday that it will return its $10 million loan obtained through the…
Help in Sorting Through Financial Wellness Solutions
“What do you mean when you say financial wellness?” It’s a question central in the retirement plan space…
Trump Versus Biden on 401k’s Future: Retireholi(k)s
See John Sullivan discuss the presidential candidates on RetireHoli(k)s. What are the presidential candidates saying about the 401(k)?…
401k Participants Stay the Course Despite Market Volatility
Financial advisors have been urging 401k investors to sit tight and ride out the COVID-19 market volatility, and…
Empower Retirement Pledges No Pandemic-Related Layoffs
Empower Retirement announced Thursday that it will not lay off any of its workers at any of its…
Public Pensions Get Hammered in Q1 2020
Public pension plans shed $419B in Q1 2020 as COVID-19 volatility drove historic declines in funding ratios, Milliman reports.
Vanguard Closes Treasury Money Market Fund to New Investors
A flight to safety in the current coronavirus pandemic by investors looking to sit it out has caused…
Helping 401(k) Participants Navigate the COVID-19 Financial Journey
Being confident about the journey to long-term financial security just got a little tougher for many 401(k) plan…
IRI Issues Retirement Recovery Plan
March unemployment reached 4.4%, nearly a whole percentage point over February, as businesses were forced to reduce workforces…