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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Voya Settles with SEC for ‘Violating Its Fiduciary Duty’
The Securities and Exchange Commission announced on Monday that Voya Financial Advisors, Inc. (Voya) has agreed to settle…
Top 401(k) Regulatory/Policy Story of 2020: COLA Complaints
The top regulatory/policy story wasn’t Reg BI, fiduciary rule, CARES, or PPP. It wasn’t really regulation or policy-related…
401(k) Plans Rebound to $6.5 trillion in Third Quarter
Total U.S. retirement assets were $33.1 trillion as of September 30, 2020, up 4% from June 30. Retirement…
Financial Wellness in a Digital Age: Actionable Ways to Engage Participants
Implementing financial wellness programs with plan sponsors was already hard. Cue COVID-19 and the challenges have multiplied. Advisors are no longer…
401(k) Trading Reverses Recent Trends, Flows to Equities
With the S&P 500 posting its best November ever, 401(k) investors somewhat reversed a continuing trend towards fixed…
Stimulus Deal Reached, PPP Loan Forgiveness Included
Congress reached a long-waited deal on Sunday night to provide a package of nearly $900 billion in stimulus…
A Staple of 401(k) Plan Investing is Challenged
Saving and investing for retirement requires participants to be steadfast in their contributions and stay the course when…
Millennials Face Bigger Retirement Saving Challenges Due to Pandemic
Millennials have not fared particularly well financially during the global pandemic according to a new survey released this…
A Record Year for Retirement Savings
Little surprise, things were going great in the retirement plan space prior to the worst global pandemic in…
Employer Interest in Providing Emergency Savings Accounts Rises with Pandemic
The COVID-19 pandemic has thrown a spotlight on a problem that already existed, and one 401k advisors are…