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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
5 Major Trends Seen Among Independent Workers
There are 38.2 million independent workers, nearly a quarter of the total U.S. workforce, and they generated $1.21…
Faegre Drinker’s Fred Reish Explains the DOL’s Final Fiduciary Rule
The U.S. Department of Labor announced a new exemption for investment advice fiduciaries on Tuesday. Fiduciary expert Fred…
Department of Labor Issues Investment Advice Final Rule
On Tuesday afternoon, the U.S. Department of Labor today announced a new exemption for investment advice fiduciaries. The…
Democrats Go All-In on Green 401(k) Agenda: WSJ
“Democrats want to kill your business, so please account for the hospitalization and burial costs.” On Monday, The…
‘Emergency’ Bill Introduced to Increase Social Security COLA
Following the Social Security Administration’s announcement of a “meager” 1.3% cost-of-living adjustment (COLA) for Social Security beneficiaries in…
1 in 4 Full-time U.S. Workers Worse-Off in Pandemic
One in four full-time U.S. employees say their financial situation has deteriorated as a result of the pandemic,…
Will ‘National Universal Access’ to 401(k) Plans Increase Coverage?
Now that it’s official, will a Biden-Harris Administration mean more calls for an Obamacare like effort for retirement…
Annexus To Offer Lifetime Income in Target Date Funds
Annexus Retirement Solutions offers annuities in target date funds to deliver lifetime income and secure retirement futures.
John Hancock Retirement Names Leader of Mid/Large-Market Distribution Team
John Hancock Retirement, a company of Manulife Investment Management, today announced it has named Bill Thompson, divisional vice-president,…
1 in 8 Adults Over 55 Plan to Delay Retirement Due to COVID
New research found one in eight U.S. adults (13%) over the age of 55 who expect to retire…