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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
Time to Ensure Compliance for Part-Time 401(k) Participants
Atlanta-based independent employee benefits consulting firm Strategic Benefits Advisors, Inc. (SBA) recently issued guidance urging 401(k) plan sponsors…
Final ESG Fiduciary Rule Issued By Department of Labor
Department of Labor announced a final rule for fiduciaries regarding environmental, social and governance (ESG) investing.
Massive New Retirement Bill Would Expand, Mandate Auto-Enrollment
Section 101 of the Securing a Strong Retirement Act of 2020—also being called “SECURE 2.0”—is titled, “Expanding automatic…
November 2020 Top Advisor by Participant Outcomes (TAPO)—Jeffery Acheson
Let’s Retire Retirement It’s immediately apparent why Jeff Acheson is a highly regarded industry thought-leader. Having put his…
Alarming Percentage of Workers Think Pandemic Will Impact Path to Retirement
Nearly two-thirds of workers anticipate the COVID-19 pandemic will impact their path to retirement, according to results released…
Financial Wellness Prioritized by Workers in Pandemic
While financial stress has certainly increased overall this past year, the pressure and uncertainty of the COVID-19 crisis…
Former EBSA Head Rutledge Challenges Private Equity Critics
Former Assistant Secretary of the Department of Labor Preston Rutledge on Tuesday reiterated his belief that the controversial…
SECURE Act 2.0 Legislation Introduced—And Wow!
Expand auto-enrollment, provide incentives for small businesses to offer plans, increase the RMD age to 75, allow for…
‘Getting Back to Normal’ Trumps Dealing with 401ks in Minds of Plan Sponsors
With so much on their plate trying to get their business back to “normal” these days, plan sponsors…
A ‘Serious Shift’ in Mindset for the 401(k) Industry
What does the most “optimistic optimist” say about 2020, and what one question does every advisor need to…