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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Democrats Include ‘Digital Dollar’ Proposal in Stimulus Bills
A federal bitcoin (fedcoin)? An idea debated for some time, the current financial crisis brought on by the…
Fi360 Cancels Annual Conference Due to Coronavirus Concerns
In light of what it says an abundance of caution with coronavirus developments “to protect the health and…
Here Are the 401k Withdrawal Provisions Contained in Coronavirus Bill
As stimulus machinations continue in Washington (the $1.6 trillion bill failed to advance for a second time Monday…
Treasury Secretary Mnuchin Mentions 401(k)s as Part of Stimulus Deal
Treasury Secretary Steven Mnuchin told CNBC’s Jim Cramer rules are “being moved” to allow for easier access to…
401(k) Plan Participants Lag in Access to Retirement Advice
401(k) advisors increasingly realize the value of offering comprehensive financial planning and advice to participants, and the opportunity…
Increase Social Security Benefits in Coronavirus Stimulus: Warren
Former presidential candidate Senator Elizabeth Warren, D-Mass., took to CNBC on Saturday to advocate for a “temporary” increase…
Forgo 401(k) Early Withdrawal Penalty: WSJ
Calls for fiscal relief involving 401(k)s are growing louder, with The Wall Street Journal joining the American Retirement…
401(k ) Assets Totaled $6.2 Trillion in Fourth Quarter
For what it’s worth, in the time before the coronavirus craziness, total U.S. retirement assets were $32.3 trillion…
Congress Makes Another Bid to Create 401k Match for Workers With Student Loans
Helping an employee reduce their student loan debt and build retirement savings at the same time is the…
Retirement Plan Industry Calls for Coronavirus Relief
This week, Empower Retirement asked the Department of Treasury and the Internal Revenue Service to enact disaster relief…