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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Yellen Bashes Bitcoin as Volatile, Inefficient, Illicit
Remarks from Treasury Secretary Janet Yellen about cryptocurrency at the New York Times DealBook conference sent red-hot Bitcoin…
IRS Extends Tax Deadlines, Provides Relief for Texas Storm Victims
The Internal Revenue Service (IRS) announced on Monday that victims of this month’s winter storms in Texas will…
Episode 20: NBC Financial Editor Jean Chatzky on Defining and Measuring Financial Wellness Success
Sponsored By: Is financial wellness actually working and is the general public even familiar with the term? Jean…
Fidelity: Retirement Balances (and 401k Millionaires) Hit Record Levels in 2020
Despite ongoing economic uncertainty, Fidelity Investments reports today that individual contributions to all three retirement account platforms remained…
Retirement Readiness: How Plan Participants Are Faring in 2021
How are 401(k) participants reacting to all that’s happening, and how does it compare with the complexities of…
Two TAPOs Team in Latest 401(k) Firm M&A Activity
Merger mania continues. OneDigital Investment Advisors announced has acquired Atlanta Retirement Partners (ARP). OneDigital says it pursued the…
Nearly Half Say Pandemic Has Eroded Ability to Save for Retirement
Close to half of American workers say the COVID-19 outbreak has had a negative impact on their ability…
Top 10 401(k) Plan Loan Myths, Misdirections and Misrepresentations
On Tuesday, February 16th, I listened to an Employee Benefits Research Institute webcast on financial wellness. The speakers…
9% of 401k Participants Took a CARES Act Distribution in 2020
With 2020 now (thankfully) disappearing in the rearview mirror, we’re starting to get a better look at how…
One Simple Trick to Radically Boost Financial Wellness
How would you like to boost your participants’ financial wellness, increase plan assets, reduce plan costs and prevent missing participants?