Browsing Tag
Individual Retirement Accounts (IRA)
172 posts
Let Ben Franklin Create ‘Middle Class Millionaires,’ Eradicate Poverty in America
Jack Towarnicky makes the case for the Benjamin Franklin Child Roth IRA
3 More States Advance Auto-IRA Programs
Pennsylvania, Vermont and Nevada join growing ranks of states enacting state-run auto-IRA programs for those lacking access to workplace retirement plans
Vestwell Partners with Gusto on 360-Degree API-Based Integration
New deal will support both 401(k) plans and state auto-IRA programs
Retirement Savings Gap Could Create $1.3 Trillion Burden by 2040
New research from Pew finds Americans’ insufficient retirement savings could add a huge strain to state and federal budgets if the issue is not addressed
How States Define ‘Success’ for Their IRA Mandates
Should “success” include prompting employers to add or maintain a 401(k) plan to avoid the state IRA mandate?
State-Mandated IRAs Not Crowding Out Private 401(k)s: Pew Research
Federal data for 2021 shows new the wave of state-based retirement plan initiatives continue to complement private market plans
Biden’s Budget Seeks Ban on ‘Mega-Roth’ IRAs
The $6.8 trillion budget released today, deemed “DOA” by House Republicans, includes a variety of tax increases for wealthy
Over Half of Americans Surveyed Use IRAs for Retirement
Latest findings from ICI show that IRAs represent 34% of total retirement market assets in the U.S., up from 18% recorded decades ago
401(k) Balances Dropped 20% in 2022 at Fidelity, But Increased in Q4
Fidelity’s just-released 2022 Retirement Analysis reveals that average account balances rose in Q4 and retirement savers continue to focus on the long term with savings rates remaining steady
IRA Assets Approach $14 Trillion Thanks to 401(k) Rollovers
Cerulli Report attributes individual retirement account asset growth to rollovers from defined contribution plans