Tag: 401(k) plans

Half of Millennials expect to retire with financial stability, although most admit they do not know how to successfully invest, PNC Investments found in a survey.

The book continues to show that plans with higher average account balances pay lower total fees.

While 64% of couples in their 20's discuss retirement savings, this drops to only 48% for those 40 and over.

More plans are auto enrolling at a greater than 3% default deferral rate, and 13% of plans are increasing deferrals at more than 1% annually, a PSCA survey...

It is available to workers 18 years and older who have contributed to a company-sponsored retirement plan or IRA.

However, a federal judge change the class definition for the imprudent investment claims because class representatives were not all invested in the funds challenged.

The 9th Circuit ruled that a prudent fiduciary in the same circumstances as the defendants could view the proposed alternative course of action regarding company stock in Hewlett-Packard's...

The suit questions the use of actively managed versus passively managed funds. It also suggests that collective trusts and separate accounts are better vehicles than mutual funds for...