Browsing Tag
401(k)
3590 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Another University Prevails in 401(k) Fiduciary Lawsuit
NYU ERISA lawsuit ended as court ruled trustees acted prudently, defeating claims of excessive fees and underperforming investments.
How Does 401(k) Plan Leakage Affect Automatic Enrollment?
Dispiriting news. While automatic enrollment certainly helps boost retirement plan participation and contributions, its ultimate impact on overall…
Will ‘Chasing’ Retirement Savings Do More Harm than Good?
First it was about chasing returns; is it now about chasing retirement? Although 90 percent of retirement savers…
Yes, Trump is Very Good for Your 401(k) (So Far)
Strong GDP growth drives U.S. revenue gains, offsets tax cuts, and fuels a robust economy with low unemployment
Reason No. 3,048 for a 401(k)
Prudential Pension Transfer removes $923M in obligations from Raytheon, securing retirement benefits for 13,000 U.S. retirees.
How Damaging is Financial Overconfidence to Older 401k Savers?
There’s a fine line between confidence and overconfidence, and when it comes to financial matters, crossing into the…
New Bill Doubles Health Savings Account Contribution Limits
Last week, the U.S. House of Representatives passed the Increasing Access to Lower Premium Plans and Expanding Health…
6 ‘Pillars’ to Successful 401k Financial Outcomes
Voya Financial launched its new Financial Wellness Experience last week, the latest addition to the company’s suite of…
Why Young 401(k) Participants Are Losing Out on Returns
Are younger workers still plagued by post-financial stress disorder after witnessing the 2008 financial crisis? Could be. The…
Americans Prioritize Saving For This Above All Else (Including Retirement)
Wanderlust is strong among Americans, so much so more people are saving their money for travel than for…