Browsing Tag
401(k)
3589 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
‘Personal Retirement Strategy’ Debuts from Bank of America
Helping 401k plan participants establish and pursue appropriate retirement income goals is a common objective of plan sponsors,…
Personalized Income Solutions to Play Big Role in Retiree-Friendly 401(k) Plans
The defined contribution (DC) industry has made substantial strides in helping plan participants through the accumulation phase, but…
401k Assets Totaled $6.9 Trillion in First Quarter
Retirement account balances continued their post-pandemic recovery in the first quarter, up 1.8% from December, and totaled $35.4…
401(k) Recordkeeper Data Shows Commitment to Retirement Saving
Americans continued to save for retirement through defined contribution (DC) plans early this year despite uncertain market conditions…
‘Lay Fiduciaries’ Are Managing Retirement Plans and It’s a Problem
There are 17.5 million men and women, including “lay fiduciaries”, who bear the legal responsibility for managing the…
Episode 5: Using 401(k)s to Help Frontline Workers
This week, we’re joined by Syed Nishat, a Partner at Wall Street Alliance Group, which has a strong…
Why the Time Is Right for Plan Sponsors to Revisit Stable Value
Tony Luna was happy to elaborate when asked about stable value strategies currently when compared with where they…
Vast Majority of Americans Believe Retirement Security is a Problem
A new report from policy and advocacy organization Economic Innovation Group (EIG) surveyed American voters and found that…
401(k) Retirement Savings: More Gone Than Forgotten
Forgotten 401(k) accounts are less harmful than cashout leakage. Learn why solving the real issue protects retirement savings.
Department of Labor to Change Definition of Fiduciary
Fiduciary Rule Definition Change proposed by DOL and EBSA to update investment advice standards for employee benefit plans and IRAs.