A 401(k) is not a defined benefit plan. Instead, it is classified as a defined contribution plan. It is an employer-sponsored retirement savings that allows employees to contribute a portion of their ...
Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which are over and above the regular limits for employee contributions to ...
Workers 50 and older will soon face new limits on a key retirement benefit, according to final regulations issued by the U.S Department of the Treasury and the IRS. The regulations were published Sept ...
President Trump has signed an executive order that could pave the way for the use of private equity (PE) and alternative assets in retirement savings accounts. The change could impact the millions ...
There’s a metric that every plan provider loves to brag about: enrollment rates. Auto-enrollment has made it so easy that even the most indifferent employee ends up ...