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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Retirement ‘Super Savers’ Still Prioritizing Lofty Savings Goals
Undeterred by market volatility and inflation, Principal survey finds even more Super Savers plan to save over $20,000 in 2022 vs. 2021
Wrong Way: United States Drops in Retirement Security
The challenges to retirement security are particularly problematic in countries with a pay-as-you-go retirement system
One Generation Doesn’t Think Much of Financial Advisors
Yet nine in ten respondents overall say they value their financial advisors’ knowledge and guidance
Department of Labor Recovers $131.8M for Wells Fargo 401(k) Participants
Wells Fargo allegedly used the dividends paid on the preferred shares to defray its obligation to make contributions to the 401k plan
10 Best and Worst Cities for Retirement 2022: WalletHub
South Carolina’s largest city takes the top spot in the new rankings while Connecticut’s largest city ranks last
Hub Buys Construction Industry-Focused 401k Firm Direct Advisors
Wise Rhino Group represented Direct Advisors in the transaction
Hot August Temps Meant Cool 401(k) Trading Activity
Bond funds topped inflows, while most outflows were from target date funds
401(k) Plans: An Ongoing Public-Private Partnership That Works
While the initial role of policymakers in facilitating 401k plans was accidental, follow-on policies were more intentional
Senator Marks ERISA Anniversary, Calls for Gomez Confirmation
Recognizing the importance ERISA plays, she introduced the following resolution
DOL Releases New Bulletin on Independence for Plan Accountants
The department issued an Interpretive Bulletin as far back as 1975 that set forth guidelines