Browsing Tag
401(k)
3592 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Ascensus Bought by Private Equity Group, Sovereign Wealth Fund
Ascensus announced Monday that Stone Point Capital, the Greenwich, Conn.-based private equity firm specializing in financial services, and…
Women in Pensions Network (WiPN) Rebrands to Reflect Evolving Industry
WiPN is now WIPN after rebranding itself from Women in Pensions Network to WE Inspire. Promote. Network. Founded…
Don’t Let Participant ‘Revenge Spending’ Wipe Out COVID-19 Savings Gains
Prior to COVID-19, markets were strong, unemployment was low, and consumer confidence levels were high. The retirement industry…
Peter Mallouk Launches Financial Education Center in Low Income Area
The country’s wealth gap is a perennial problem, one exacerbated by the COVID pandemic. A lack of access…
Ubiquity Introduces ESG Funds to Small Biz 401(k)s
Small business DC plan sponsors now have the opportunity to incorporate socially responsible investments into their retirement plan’s…
Most Plan Participants Clueless About 401(k) Fees
401k fees leave most Americans confused. A new survey shows many underestimate or don’t know what they pay for retirement plans.
3 ERISA Problem Areas Vendors Can Help With (Now!): Qualified Plan Fiduciary Summit
“From a practical standpoint, what are vendors worried about with their plan sponsors and participants?” Sarah Simoneaux rhetorically…
Fiduciary Benchmarks Rebrands, Realigns to Expand Offerings
Fiduciary Benchmarks (FBi) announced that it is rebranding itself as Fiduciary Decisions (FDI) in recognition of the expansion and broadening of its mission and service offering.
Why It’s A New Day for Annuities in 401(k)s
The SECURE ACT was passed in December 2019, paving the way for substantial changes in the retirement industry.…
DOL Releases Cybersecurity Guidance for 401(k) Plans
The second guidance release in as many days from the Department of Labor covers best practices for maintaining…