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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
401(k) Financial Wellness Vs. Well-Being—What’s the Diff?
401(k) advisors struggle with industry terms—how they’re defined, their “buzziness” and whether sponsors and participants understand their meaning.…
State Worker to Finally Retire at Age 102
For anyone thinking they’ll never retire, take heart—it might happen a little after age 100. Bob Vollmer, punching…
Millennials Falling Behind on Retirement Savings?
Millennials’ retirement expectations are similar to previous generations—they hope to retire with adequate income that will last. No…
Long-Term Mutual Fund Flows More Than Doubled in 2019
Long-term mutual funds collected $414.6 billion in 2019, more than double 2018’s $168.3 billion, according to new research…
Americans Give Themselves Low Grades on Retirement Saving
While a majority of Americans over age 40 claim to have a well-defined retirement strategy, the same number…
SEC Names ‘Chief Data Officer’ to Assist in Enforcement
The Securities and Exchange Commission today announced Austin Gerig as its Chief Data Officer, a new leadership position…
BlackRock Bows to Climate Change, Will Put ESG ‘Front and Center’
BlackRock, the $7 trillion-plus gorilla in the asset management space, is joining the climate change fight. Having already…
Group Urges Massachusetts to Wait on Fiduciary Standard
Massachusetts consumers stand to lose access to vital retirement planning and other financial advice under a proposed state…
Best and Worst States to Retire in 2020
We know that some states are good—and some (really) bad—at fostering a friendly, inviting and sustainable environment for…
Marshawn Lynch Tells ‘Young Dudes’ to Plan Right for Retirement
The Seattle Seahawks on-again-off-again running back and favorite son Marshawn Lynch has always been the go-to guy in…