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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
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…
Who is Offering 401k Financial Wellness and Why?
The number of employers that offer financial wellness programs through the workplace is expected to nearly double within…
What to do About ‘Forgotten’ 401(k) Target Date Fund Participants
Should participants only be invested in one target-date fund for the product to work effectively in providing successful…