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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
6 Practical Communication Strategies for 401(k) Advisors
Most experts agree that communication skills are important for all financial advisors, including retirement plan advisors. Yet communication…
Fred Reish: Court Rules in 401k Fiduciary’s Favor
As I previously discussed, the Court’s opinion about the case of Sacerdote v. New York University pointed out the deficiencies in…
Should 401k Advisors Fear Fidelity’s New Bitcoin Cryptocurrency Arm?
While interest was piqued, 401k advisors at a recent industry gathering had trouble fully grasping digital developments just…
Retireholi(k)s Canceled, Carlson Goes Corporate
Shock waves were sent through the snarky alcoholic sector of the deranged DC space Tuesday with the announcement…
Opportunity Costs Cause Major 401(k) Loan Leakage Loss
401(k) loan defaults reduce retirement wealth, costing workers billions in lost savings and compounding opportunities.
This Scares Americans More Than Retiring…
Most Americans expect to live to age 84. Many look at their Golden Years as an opportunity to reach goals and pursue passions that were previously interrupted by everyday life. But at the same time, half are scared of...
Social Security Announces Benefit Increase for 2019
The Social Security Administration announced its cost-of-living adjustment (COLA) for 2019, and it’s substantial (at least when compared…
What’s Your 401(k) Plan’s Retirement Income Philosophy?
Communicating well is remarkably difficult. Anyone who has experienced miscommunication in the workplace knows it can raise stress…
Fidelity Faces Second 401(k) Lawsuit From Employees
Fidelity 401(k) lawsuit alleges mismanagement, excessive fees, and losses costing employees millions in retirement savings.
A ‘Staggering’ Number of Workers Will Fall Short in Retirement Savings
Two-thirds of American 401(k) savers may fall short of funds needed for a comfortable retirement, risking their post-work lifestyle.