Not everyone has a 401(k) at work, but that is irrelevant. Retirement safeguards are in place for workers, and besides, anyone can open an IRA either at a bank or online.
The Employee Retirement Income Security Act of 1974 has evolved over the past four decades.Read More
Re-enrollment in a 401(k) is a popular employer approach that puts workers on the right investment track and offers protections for plan sponsors.
Advocates say the best place to address these issues is at the state level, and California is the closest to implementing a state-run plan.
Auto-enrollment in defined contribution plans has helped employees skittish on making choices save for retirement.Read More
Research shows that not every U.S. worker is saving for retirement, but experts disagree on who’s to blame.Read More
Successful plans are ones that help workers save enough, as opposed to 2011’s top response citing high participation rates, the survey shows.Read More
Now that 401(k) plans have grown to become the No. 1 way U.S. workers save for retirement, it’s no secret many plan sponsors turn to experts to run the entire plan — or certain parts.Read More
The American Taxpayer Relief Act of 2012 made it possible for participants to convert all the money in their traditional plan to a Roth, if the employer offers the plan.Read More
Recent survey results from Financial Finesse show employers are providing more financial tools, but also employees are asking for help in greater numbers, too.Read More