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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Scary Numbers About Retirement Saving
Be afraid, be very afraid. Lack of retirement savings paints a disconcerting picture about financial preparedness in America,…
401(k) Participants Not Investing Enough to Hit ‘Magic’ Retirement Number
If you think you need this much to retire, how come you’re only saving enough in your 401(k) to…
High 401(k) Contribution Rates Signal Strong Participant Behavior
So, it’s not all market appreciation after all. The retirement outlook for individuals covered by employer-sponsored retirement plans…
Foreign Fraud—When Retirement Money Went Missing in Mexico
A warning for expat retirees living in dream locales—mind your money in unfamiliar territories, cultures and financial markets.…
Supreme Court to Hear 401(k) Fiduciary Breach Case
In a bit of a Tibble v. Edison redux, the Supreme Court said Monday that it will hear…
Successful Business Owners Lack Retirement Confidence (Wait, What?)
They’re getting better at helping employees save for retirement, and good at accumulating wealth in general, but as…
Concerned About Reg BI? Here’s Marcia Wagner’s Breakdown for Broker-Dealers
The SEC, by a 3-1 party-line vote, issued in a timely fashion its final regulations with respect to…
Get Out! Are Older Workers a Help or Hindrance?
Fifty-three percent of Americans age 50 and older say that people staying in the workforce past 65 is…
Ponzi Pledges: Regulators Allege Fraternity-Run Fraud
The SEC is charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors.
Is Financial Wellness Working? Ric Edelman Answers
Billboards, airports, sporting events—financial wellness, as a concept, is popping up everywhere. Long the domain of the advisor…