Tag: 401k

On average, just 0.01% of balances were traded daily in December, which is in line with the monthly average for the past year, according to Alight Solutions.

Two-thirds of days during the month saw net trading activity favor equity funds over fixed income, according to the Alight Solutions 401(k) Index.

With so many Americans having gone through tough times over the past two years, a new study looks at how this has affected their financial well-being and sense of the future.

Industry professionals who work with lawmakers in Washington say they remain hopeful that retirement security issues will be addressed in the federal government’s budget for fiscal year 2022.

Budget reconciliation legislation set for debate in Congress gives top billing to universal paid family and medical leave, but key retirement policies also stand out, including a broad mandate for employers to offer retirement plans.  

The bill would encourage retirement plan participation by giving people penalty-free access to funds in the event of an emergency.

The service is designed for small accounts with less than $5,000.

The firms say it can replace what has traditionally been a tedious, manual process.

The 2020 PLANSPONSOR Participant Survey also shows that company matches really matter to retirement plan participants.

The firm says it is waiving set-up fees on all of its 401(k) plans through December 22.

Do you work with, or know of, a plan sponsor that deserves recognition for going above and beyond? Consider nominating them for a 2021 PLANSPONSOR Plan Sponsor of the Year award.

Experts say the president-elect could start the process of shoring up Social Security and embrace ESG investing.

Retirement industry experts say automatic portability could be the solution to a pervasive problem.