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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Another Argument for Public-Employee 401(k) Plans
Illinois pension crisis grows, with experts urging 401k plans for public employees to ease debt and improve retirement security.
State Claims ‘Crisis’ to Argue For Government-Backed 401k Plans
One state is upping the rhetoric to call for government-sponsored 401k retirement plans. Iowa State Treasurer Michael Fitzgerald…
A New York State of Mind: Mandatory Retirement Plans?
New York Retirement plans backed by small businesses as most owners seek affordable, state-managed options for employee savings.
How to Bridge the Minority 401(k) Participation Gap
Under-participation by minorities in America’s 401(k) system represents a significant economic disparity that requires creative, private-sector solutions. Auto…
Great News About 401(k) Plans to Close Out 2016
401(k) employer contributions drive savings as most plans include matches, diverse investment choices, and lower mutual fund fees.
myRA Falls Far Short in First Year — Now What?
If you’re looking for an indication of government success in retirement savings, especially in light of state-initiated 401k and IRA plans, myRA may be it.
DOL Shifts to City-Sponsored Retirement Plans
City Retirement Plan Rule helps municipalities expand retirement savings options and secure workers’ financial futures.
Struggling State Cancels Financial Literacy Program
It’s tough not to note the irony—they have no money to teach about money. In another example of…
Top 10 Best (and Worst) States for 401(k) Financial Literacy
A new report (or rather report card) graded each state on the thorny issue of 401(k) financial literacy.…
New Year’s Resolution for 401k Industry: A Renewed Focus on the Right Thing
As a 401k industry, we have become stronger and more efficient in delivering our services in recent years,…