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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Interest in 401(k) Plan Annuities Rises as Result of Recent Volatility
Will rollercoaster market rides and gut-wrenching drops bring sources of guaranteed income (meaning annuities) into focus in 401(k)…
Bye Bye Bernie: Sanders Drops Out of 2020 Presidential Race
Bernie Sanders dropped out of the Democratic presidential race on Wednesday, telling his staff on a conference call…
How to Provide Retirement Plan Assurance in a Time of Pandemic
Sandy McCarthy showcases how retirement plan providers are addressing 401k stakeholders' concerns during the pandemic.
Consumer Confidence Drops 31 Points in One Quarter
A new LIMRA study finds distressing, yet unsurprising, findings. Just 25% of Americans have a favorable view of…
Fred Reish: Enhanced Loans for Qualified 401(k) Participants
With the spread of the coronavirus and the resulting closures and cutbacks, many 401(k)participants are working reduced hours,…
Principal Waiving Some Fees for 401k Plan Sponsors, Participants
Help for retirement plan sponsors and participants experiencing the financial impacts of the widespread COVID-19 outbreak continues to…
Pension Plans Facing Uniquely Painful Challenges
Pretty much everything related to retirement savings—401(k)s included—has taken a big hit due to the coronavirus pandemic, but…
Senator Presses DOL’s Rutledge on ERISA Filing Deadlines
Plan administrators and recordkeepers dealing with “unusual and challenging circumstances” brought on by the coronavirus pandemic received support…
New Tax Planning Tool Helps Advisors Enhance Retirement Plans to Fit Client Goals
Allowing advisors to have deeper conversations with clients regarding different retirement plan tax strategies is the idea behind…
How to Properly Pay Back a 401(k) Loan in the Coronavirus Pandemic
How and when a laid off or terminated employee must pay back a 401(k) loan before it reverts…