Browsing Tag
401(k)
3594 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
SkyBridge’s Anthony Scaramucci: ‘Bitcoin is a Retirement Asset’
Warren Buffett called it rat poison. Famed economist Nouriel Roubini was more direct (and vulgar), calling it "sh*tcoin." With heavy-hitters reacting so strongly, why would anyone consider Bitcoin for their investment portfolio, let alone a 401k or similar retirement plan? Many reasons, according to SkyBridge Capital's Anthony Scaramucci. While acknowledging its controversial past and present, the future is crypto, with Elon Musk’s multi-billion-dollar Bitcoin bet giving a big boost to Scaramucci’s argument.
How Resilient Are You in the Face of Financial Setbacks?
Resilience is key to financial wellness and “one of its strongest contributing factors,” according to two new reports.…
3 Funds Favored by Public Sector DC Plan Participants
Despite access to a myriad of choices, the majority of participants in public defined contribution retirement plans favor…
How to Market on Any Budget: Broadridge Fi360 Conference
A highly interactive and extremely detailed session from 401(k) Marketing’s Rebecca Hourihan titled “Marketing on Any Budget” kept…
Despite Pandemic, Average 401k Account Balance at Bank of America in 2020 Topped…
UPDATE – Follow this link for the results of the 2022 Financial Life Benefits Impact Report. Most American…
Why Guaranteed Income Matters Now: Broadridge Fi360 Conference
“Now more than ever it needs to be considered as part of a financial plan,” David Blanchett said…
A Big Problem: Another Leakage Study Reaches the Same Conclusion
Arriving with little fanfare, a recent study prepared by the Staff of the Joint Committee on Taxation, a…
It Takes Less Net Worth to Feel ‘Wealthy’ This Year
Wealth in America has shifted—Schwab’s 2021 survey shows lowered net worth goals for being wealthy, happy, and financially secure.
Episode 4: How to Save a Lot of Money for Plan Sponsor Clients
This week, we’re joined by Josh Itzoe, host of the popular Fiduciary U podcast and founder of Fiduciary…
New Guide Details Key Differences in Public Sector Hybrid Retirement Plans
Not all public sector hybrid retirement plans are created equal, which makes it critically important for public employers…