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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
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…
When to Engage Aging Parents in ‘Awkward’ Financial Talk
Sorry kids, it’s time for “the talk.” While most people instinctively cringe at memories of awkward conversations with…
Older Workers Fear ‘Unfriendly’ Job Market
Older workers have it rough, even in a job market with historically low unemployment. “Older workers are more…
Heated Exchange Highlights Sanders’ 401(k) Stance
Citing the 401(k) as a proxy for the nation’s overall economic health is gaining traction. Meet the Press…
Man Takes Sizable 401(k) Distribution to Save Dog’s Life
It’s not recommended, but who’s gonna argue? A California man is making it difficult to object to this…
Rolling Stones Reup With Lifetime Income Tour Sponsors
Annuities and aging rockers—an unlikely partnership that just seems to work. The Alliance for Lifetime Income announced that…