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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Even Affluent Americans Have This Retirement Worry
The richies are worried about the cost of care in retirement, and how it will affect their overall…
Two Major 401(k) Firms Announce Target Date Deal
Fresh on the heels of its Legg Mason news, MassMutual announced another alignment with a major 401(k) firm,…
Most Americans Plan to Work in Retirement, But …
Doubts about relying on Social Security and fears about saving too little have resulted in a surge in…
Another State-Run Scheme to Fleece Worker 401(k)s?
Illinois Secure Choice helps workers save for retirement while aiming to reduce reliance on food stamps and Medicaid.
Is This the Most Absurd Fraud Case Yet?
“You want to sue me?” “Well, why not? Sue everybody.” – Jerky Boys, “Punitive Damages” Anyone can be sued…
Health Savings Accounts—Separating Help from Hype
HSAs are proving themselves to be an effective way to save for the single largest expense in retirement—health…
Are You Anticipatory or Reactionary in Your 401k Business?
I recently attended the Kohler Thought Leadership Conference hosted by Sheridan Road and had the pleasure of seeing Daniel…
Global Survey Finds Americans Have Greatest Retirement Income Delusions
People globally expect to spend an average of 34 percent of their retirement income on basic living expenses,…
401(k) Advisors Largely Shun Annuities—But Should They?
International insurance industry think tank The Geneva Association is the latest financial industry group to pitch annuities as…
Asset Management Fees’ Race to the Bottom Accelerates
Forget asset management, asset allocation advice might be the revenue generator moving forward. The ongoing fight for low(er)…