Browsing Tag
401(k)
3593 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Episode 33: Anthony Scaramucci on Bitcoin, Baseball, Bill Hader Impressions, and the Upcoming SALT Conference
Anthony Scaramucci discusses Bitcoin in 401(k)s, SNL roasts, and the in-person SALT conference on this episode. Bitcoin’s place…
Asset Accumulation Increasingly Unequal, Especially for Minorities
A new report from the National Institute on Retirement Security (NIRS) finds that economic inequality continues to grow,…
Retirement Expectations Don’t Align with Savings Behaviors for Many Over 40
Shocker: Many people over 40 have unrealistic retirement income expectations due to their own subpar savings behavior. According…
Episode 32: Why the 401k Fails and What A ‘Better’ System Looks Like, According to Teresa Ghilarducci
Teresa Ghilarducci once called the 401k an immature, underdeveloped child that needs help over a mudpuddle to the…
‘Eye-Popping’ Percentage of Americans Paid No Federal Income Tax Last Year
Due to the COVID-19 pandemic and the U.S. government’s policy response to it, roughly six in 10 Americans…
IRA Crypto Investing Going Mobile
Fintech startup Choice launches new iOS app in effort to take Bitcoin retirement investing mobile, “meet today’s investors where they live”
Gensler Signals Different Road is Quickest Way to a Bitcoin ETF
While the Securities and Exchange Commission has long been dragging its feet when it comes to approving a…
Senate Hearing Reveals Large Employer Support for 401(k) Auto Portability
During testimony in a Senate Finance Committee hearing “Building on Bipartisan Retirement Legislation: How Can Congress Help?” in…
OneDigital and Ascensus Create Small Market 401(k) Solution
OneDigital and Ascensus recently announced the availability of a co-created small market solution for retirement plans that brings…
401(k) Business Briefs: IPX Retirement, Envestnet, Vestwell
News from around the 401k market featuring a name-change, Envestnet signing on as investment manager for a new PEP, and Vestwell raising $70 million in Series C funding