Browsing Tag
401(k)
3591 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then invested, and the growth is typically tax-deferred (in a traditional 401(k)) or tax-free (in a Roth 401(k)) until withdrawn in retirement.
How Much it Takes to Retire in Every State
Cost of retirement varies widely by state. Discover the most and least expensive places to retire and how much savings you’ll need.
Fiduciary Fuels 401(k) Rise in Outsourced Chief Investment Officers
While outsourced chief investment officers (OCIO) have historically been tapped by defined benefit plan sponsors and endowments, there…
Far Out: What If Timothy Leary Was a 401(k) Plan Sponsor?
In the 1960s, counterculture guru Timothy Leary urged a generation to “turn on, tune in, and drop out.” …
Voya Program Boosts Retirement Savings for Minority-Owned Businesses
Voya has launched a new initiative to assist businesses owned by minorities, women, veterans, and members of the…
The Dark Side of 401k Fiduciary
Fiduciary has become a marketing term/tool, and is no longer: There’s a common characteristic that links exemplary fiduciaries;…
Abbott Defendants Dismissed from 401(k) Cybertheft Lawsuit—For Now
I previously wrote about a lawsuit filed against Abbott Labs and recordkeeper Alight by a participant whose account…
How to Prospect, and Drive, 401k Business in a Virtual Setting
A timely topic was tackled recently at the EXCEL 401(K) Digital Series featuring an all-star panel of top…
Bloomberg’s Brainless Attack on 401(k) ‘Middlemen’
401(k) fees are once again in the spotlight, with Bloomberg Opinion publishing a piece that critiques their impact…
Be a Chef, Not a Cook, When Serving Up a Great 401(k) Plan
With the help of the Food Network and Hollywood movies, top chefs have become stars in their own…
4 Challenges and Solutions to Take 401(k) Firms to the Next Level: EXCEL Digital Series
Peter Drucker said, “Efficiency is doing better what is already being done.” So how can 401(k) advisors take…