Browsing Tag
401(k)
3587 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Employers Are All-In On 401k Saving—Here’s How
The most common simple match was 50% up to a participant contribution of 6% of pay
September 27, 2022
Here’s the Skinny on President Biden’s Student Loan Debt Relief
Long expected, it’s finally happened. President Biden declared student loan debt relief for certain borrowers through what the…
September 26, 2022
Wilmington Trust Will Launch BoardingPass CIT App
Plan sponsors gain the benefit of real-time information sharing
September 25, 2022
New 401(k) Solution Geared Toward Latinos Working in Small Businesses
Transamerica, Smart, and Finhabits team up to help expand retirement plan coverage for underserved businesses and their employees
September 23, 2022
ESOP Association Slams DOL For Decades-Old Regulatory Delay
'It created a regulatory vacuum and a “chilling effect on ESOP formation and operation'
September 22, 2022
Turnkey 401(k) for Small Biz Debuts from Equitable
Addition of Retirement Gateway for Small Business simplifies 401k administration for plans with account values up to $500,000
September 21, 2022
Congress: Did You Ever Have to Make Up Your Mind?
Are the tax preferences for assets in retirement savings plans intended for retirement? If so, you may want to stop proposing legislation that enables and encourages leakage
September 21, 2022
Back to the Future? Monetization of the 401(k) Participant Relationship
Given the recently settled and outstanding litigation, it seems imprudent for plan sponsors to engage in practices that may increase liability.
September 20, 2022
The Benefits of a Nonqualified Plan Focus: Jeff Acheson
'You should know this market because it could be additional revenue and help you build a moat around your qualified plan business'
September 19, 2022
2 Ways ‘MarylandSaves’ Will Be Different
“Social Security bridge” and managed payout options for new state-based IRA are in development, but not expected to be available for several years
September 19, 2022