Browsing Tag
401(k)
3588 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Here’s How Much the Average Retiree Has Now (Hint: It’s Not Enough)
According to a new report, the average retiree has $177,787 in retirement funds, which is just 39% of…
4 Best Practices for Dealing with Missing 401(k) Participants
On the heels of last week’s long-awaited guidance about missing participants, released by the Department of Labor, the…
401(k) Firm Merger Mania Will Continue: M&A Expert Darian
Speaking with Dick Darian is always a master’s education in industry M&A, and the environment he currently describes only…
Biden Taps ‘Tenacious Regulator’ Gensler to Lead SEC
Gary Gensler SEC nomination signals tougher Wall Street oversight and stronger investor protection under the Biden administration.
Bad Timing Hurt 401(k) Investors in 2020
In 2020, 401(k) investors were busy traders out of equities as stocks were falling and slowly returned to…
An Effective Strategy to Drive Financial Wellness Engagement
A new research report finds that rewards and points systems are particularly effective in driving employee engagement with…
The ‘State’ of Charitable Giving in America
Despite, or perhaps because of the COVID-19 pandemic, the average American gave $608 to charity in 2020, according…
Fintech Launches Financial Literacy Platform for Kids
The need for financial education at younger ages is by now well-documented, and certain states—Rhode Island for instance—have…
The ‘World’s Best Place to Retire in 2021’ is…
In the wake of the violence at the U.S. Capitol in Washington, January 6, International Living’s editors reported…
How 401(k) Planning and Saving Differs with Remote Workers
Remote working has an impact on retirement planning, specifically in the way employees understand and decide how to…