Posts Tagged ‘401k plan’
401k Good News-Bad News
401k Good News – Bad News but Mostly Good: Good News first: The fees for 401k plans continue to fall, as plan sponsors and participants realize the long-term implications they can have on retirement. This was true for both large and small plans, as the prices for investment and administration were reduced according to the…
Read MoreAvoiding Mistakes in Your Retirement Planning
Avoid retirement planning mistakes: How to find the right advisor.
Read More401(k) Hardship Distribution Rules Easing
IRS is easing 401(k) Hardship Distributions thanks to BBA amendments.
Read More401kzone.com Wants to Know:
Are You Prepared for Retirement? 45% of American Workers have saved less than $25,000 for retirement and 26% have saved less than $1,000. Source: Employee Benefit Research Institute, 2018 In 2019 employees were more confident that they would have enough for retirement, but less than half had actually calculated how much they would need. In…
Read More401(k)s Change How Americans Face Retirement
Out of all US households surveyed, 77 percent are confident 401(k)s can help reach retirement goals. That includes a lot of people since over 55 million Americans participate in 401(k) plans. Those plans are estimated to contain $5.67 trillion in assets at the end of first quarter 2019 according to the investment research and advocacy…
Read More