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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
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…
Reg BI Delay is Denied: SEC Moves Forward
While the comment period for Regulation Best Interest (Reg BI) was extended, the compliance date for the landmark…
Working from Home: Coronavirus Changes How Advisors Communicate with Clients
Not a big surprise to learn that most advisors say their practices have been significantly disrupted because of…
More Companies Look to Cut 401(k )Plans
Stocks are on sale. The consensus from 401(k) advisors is that participants stay the course and let the…
COVID-19 Could Be a ‘FIRE’ Extinguisher
As the COVID-19 pandemic rages on, it’s looking like it could go a long way toward extinguishing the…
Education Key to Preventing 401(k) Cashouts
A well-funded 401(k) might look like a life preserver to retirement plan participants who are struggling to stay…
Houses Passes Coronavirus Stimulus Bill With RMD, 401k Provisions
The House passed a massive and historic $2 trillion coronavirus stimulus package on Friday after last-minute wrangling and…
3 Reasons Coronavirus Will Drive ESG Investing
DeVere Group’s Nigel Green believes that over the next 12 months, COVID-19 will drive a “skyward surge” in…