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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
401k Participation, Contributions, Diversification All Show Big Gains Over Last 5 Years
More workers than ever are saving more toward their retirement and Millennials are quickly catching up to older…
Higher Auto-Defaults Dominate in Many DC Plans
The adoption of automatic enrollment features may be slowing, but plans that have embraced it are making huge…
Franklin Templeton Buys Legg Mason
Franklin Templeton Legg Mason Acquisition expands assets to $1.5 trillion, strengthening investment strategies and global distribution.
You Can Help Companies Encourage 401(k) Participation—With Data
With the economy in flux and 78% of Americans living paycheck to paycheck, unfortunately future planning and savings…
4 Critical Questions When Choosing Suitable Target-Date Funds
Fiduciaries that focus solely on target-date fund performance and fees while ignoring demographics and glide path structure (among…
401(k) Millionaire Ranks Grow Again in Q4 2019
The number of 401(k) millionaires continues to grow, reaching record levels at the end of 2019 according to…
How Socially Responsible Corporations Will Solve the 401(k) Cashout Crisis
Every year a silent, slow-motion train wreck occurs in America’s 401(k) system, when millions of job-changing workers prematurely…
Bank of America to Merge Workplace Financial Benefits with Banking, Investing Tools
Bank of America today announced the launch of Financial Life Benefits, a suite of workplace benefits and solutions…
Trump Gets a 401(k) Fact Check Over Latest Boast
President Trump returned to New Hampshire to reaffirm his message, first made last August, that voters must reelect…
How Plan Sponsors Avoid SECURE Act Noncompliance ‘Traps’
The recently passed SECURE Act offers provisions that benefit employers sponsoring 401k plans and their employees, all with…