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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
OregonSaves Passes $200 Million Retirement Savings Mark
6 years after launch, new populations of first-time savers continue to join the nation’s first state-based auto-enrollment retirement savings program
Close to Half of Workers Unaware of Annuities
Four in 10 adults do not know what an annuity is, according to findings from USAA Life Insurance company
Incoming DOL Fiduciary Rule Slated for August
The DOL's Spring Regulatory Agenda includes a proposal that would amend the regulatory definition of a fiduciary
Forgotten 401(k) Accounts Hit $1.65 Trillion in Assets
The updated analysis from Capitalize finds forgotten accounts have grown by 20% in the last two years
Disney Retirement Community Taking Shape in California
First “Storyliving by Disney” residents scheduled to move in next year; development includes a residential area exclusively for people 55+
3 More States Advance Auto-IRA Programs
Pennsylvania, Vermont and Nevada join growing ranks of states enacting state-run auto-IRA programs for those lacking access to workplace retirement plans
Vestwell Partners with Gusto on 360-Degree API-Based Integration
New deal will support both 401(k) plans and state auto-IRA programs
Most Retirees Want a Retirement Planning ‘Do-Over’
New study from Lincoln Financial Group finds more than 60% of retirees wish they would’ve planned better
As Time Passes, the Gains Become Harder
Tom Hawkins observes that the nearly 45-year-old defined contribution system may face diminishing returns as it tries to generate future growth, and offers a smart "workout plan" to help increase retirement security
DOL Prioritizing ESG, New Fiduciary Rule and SECURE 2.0 Projects, Says Gomez
Assistant Secretary of Labor Lisa Gomez touched on the DOL’s priorities in the next year, including a potential upcoming fiduciary rule, enhanced education on ESG factors, and SECURE 2.0