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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Eugene Scalia Confirmed as Next Labor Secretary
Eugene Scalia Labor Secretary confirmed by Senate 53-44, raising concerns over worker rights and his past fiduciary rule stance.
Baggage Handler Fined For Illegally Advising on $172 Million of AUM
The SEC has fined and suspended a baggage handler at a major airline who provided unauthorized investment services…
NYC Mayor Proposes Retirement Plans for Private Sector Employees
Fresh off a failed campaign for the Democrat nomination for president, New York City Mayor Bill de Blasio…
Exclusive: Hub President Reich Talks Recent Blockbuster Acquisition Spree
Trying to keep up with Hub International’s M&A activity in 2019 was an exercise in futility, so we…
How State-Mandated Retirement Plans Could Impact 401k Product Development
More than 30 states have openly considered establishing a mandatory retirement plan for small businesses. This has prompted…
Dems Demand Answers on Proposed EBSA Revamp
Yesterday, Senator Patty Murray, D-Washington, and Congressman Bobby Scott, D-Virginia, wrote to Preston Rutledge, Assistant Secretary of the…
One 401(k) Size DOES NOT Fit All
Every day, you tailor purchases to your immediate needs. Do you need a small coffee or an extra-large?…
‘Trapped and Strapped’—Why Employees Need Financial Wellness Technology
As retirement plan advisory firms move toward incorporating data and technology to scale the management of plan participants,…
Majority of Americans Want Mandatory Financial Education Classes
Maybe Mom doesn’t know best. A new survey found 61 percent of Americans consider parents a key influence…
401k Plan Enrollment? There’s an App for That
Maybe we shouldn’t get mad at the youngins for staring at their phones—they might be signing up for their company’s retirement plan.