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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
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…
Equity Funds Crushed in Coronavirus Safety Stampede
Like everything else, mutual fund flows are negatively impacted by the coronavirus (or at least the reaction to…
Coronavirus Killjoy: Rolling Stones Postpone Annuity-Sponsored Spring Tour
Little surprise, given government directives over large public gatherings, but legendary rockers the Rolling Stones announced that they…
Voya to Offer Student Loan Debt Solution to Workplace Clients
Voya Financial is the latest plan provider to offer a student loan debt reduction tool to its workplace…
Bill Introduced to Allow Collective Investment Trusts in 403(b)s
Advocates for including more collective investment trusts in retirement plans are routinely frustrated at the lack of CIT…
IRS Delays Tax-Filing Deadline to Help Cope with Coronavirus: Updated
Clarification: Per CNBC. The Treasury is giving taxpayers a 90-day extension on paying taxes owed from 2019, but…