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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Coronavirus Concerns For 401(k) Plan Sponsors
Like the housing bubble break, the coronavirus outbreak (COVID-19) is another challenge for us all. As a 401(k)…
SEC Issues Temporary Coronavirus Relief for Advisors
The Securities and Exchange Commission will hold off on certain enforcement actions against registered investment advisors who can’t…
Salesforce Sued For 401(k) Fiduciary Breach
Salesforce is the latest target of a class-action suit filed on behalf of plan participants alleging a fiduciary breach over share classes.
Edward Jones, Others Take Steps to Slow Coronavirus Spread: Updated
UPDATE from NAPA: Due to the latest CDC recommendations, we will be postponing the NAPA 401(k) Summit. We expect…
Fiduciary Facelift: ERISA Has Evolved—Have You?
Over 46 years ago, the Employee Retirement Income Security Act (ERISA) was passed overwhelmingly in the House of…
Millennials, Gen Z Saving for Retirement, But…
A new survey from a technology-led 401k provider Betterment for Business found that Millennials and Gen Z understand…
IT’S OVER! Bear Market Begins on Coronavirus Concerns
Stocks sunk far deeper Wednesday on continued coronavirus fallout, tumbling over 1,400 points, or 5.9%, to close at…
HSAs Can Be Used for COVID-19 Testing and Treatment: IRS
COVID-19 testing and treatment are now considered qualifying expenses for health savings accounts (HSA), the IRS said Wednesday.…
3 Critical Retirement Planning Themes in 2020
J.P. Morgan Asset Management released its annual Guide to Retirement with a conference call presentation on Tuesday. The guide examines…
Campbell, Reish: Will We Get a DOL Fiduciary Rule Reboot?
As you may know, the Department of Labor has included the proposal of a new fiduciary rule on…