Tag: 401k

Bank Trade Group Teams with Plan Provider

The Illinois Bankers Association (IBA) and the Springfield, Illinois-based Empire Advisory Group are teaming up to offer Empire's 401(k) plan, 403(b) plan, and nonqualified deferred compensation (NQDC) plans to Illinois banks.

Study Asserts 401(k) Plans Can Be Enough

At a time when some complain that the 401(k) plan has lost its effectiveness as a retirement savings vehicle, a new academic study suggests many participants can actually do fine financially relying just on their workplace plan.

ICI Calls Out 401(k) Myths

Recent media reports on 401(k) plan losses, excessive fee suits, and the move many sponsors are making from defined benefit offerings to defined contribution offerings has fostered negativity about 401(k) plans.