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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Americans’ Financial Satisfaction Drops for the First Time in Two Years
This too shall end. The number nerds at the American Institute of CPAs (AICPA) note that market volatility…
How the Government Shutdown is Affecting Retirement and Benefit Plans
Benefit professionals need to be very careful about how they respond to the partial government shutdown. Potential areas…
Painless 401k Compliance? Avoid These 5 Mistakes
In a study of over 350 companies nationwide, we’ve found that the average company makes 53 payroll mistakes…
What’s Driving Record 401(k) Savings Rates?
Christmas came a bit early last year when the Plan Sponsor Council of America announced in mid-December that…
How Much of a 401(k) Should be Allocated to Annuities?
Deferred Income Annuity helps retirees hedge against outliving savings, boosting retirement readiness with balanced 401(k) allocations.
What Will Happen With 401(k) Plan Access in 2019?
While access to affordable retirement savings plans in the workplace is an ongoing and evergreen issue, new research…
Bill Allows Penalty-Free Retirement Account Withdrawals for Furloughed Workers
A new bill will allow federal employees to withdraw funds from their retirement accounts without being penalized. Introduced…
5 Retirement Proposals to Watch in Washington
Midterm elections reconfigured the power structure in Washington. The newly formed Congress, which features divided chambers and lacks…
6 Important Tasks Too Many 401(k) Plan Sponsors Ignore
The retirement plan industry has stressed the need for 401(k) plan sponsors to understand their fiduciary duties as…
5 Financial Wellness Trends for 2019
Financial wellness is evolving in 2019 with tech, pilots, and coaching shaping comprehensive programs for advisors and participants.