Tag: 401(k)

With mixed November market results, 401(k) participants continued to transfer funds from fixed income investments into equities, according to the latest data from the Aon Hewitt 401(k) Index.

Mid Atlantic Trust Company (MATC) launched its new platform, ModelxChange, which allows 401(k) professionals to incorporate mutual fund and/or exchange-traded fund investment models into a plan through a Web-based...

Contributions to 401(k) plans increased in the last year, according to the latest Principal Financial Well-Being Index, as some investors' spirits seem to be lifting.

Smaller plans don't necessarily cheaper costs.  A new survey actually proves otherwise. 

A survey of career women ages 45 to 70 earning $75,000-plus per year shows that they are highly confident about how to manage money, yet 62% fear they...

Prudential introduced the Prudential Protection Account in response to the financial crises and plan sponsors’ demand for products with built-in guarantees.

A federal court upheld a lower court ruling that the child of a woman who pleaded guilty to killing the child’s father is liable for federal income tax...

Long-term 401(k) participants took a big hit to their accounts in 2008 but otherwise enjoyed an average 31.9%-advance in 2009, according to a new study.

Plan sponsors who are allowing direct Roth rollovers from 401(k) and 403(b) plans don’t have to worry about mandatory withholding for those “distributions.”

Nyhart, an Indianapolis-based independent actuarial and employee benefits consulting firm, announced what it calls standards for the Next Generation 401(k).

A new report suggests that workplace retirement plan participation is down, but better than it has been in the past decade. 

The Bank of America Merrill Lynch "401(k) Contribution Activities Scorecard" for Q3 2010 found modest improvements in participants’ saving behavior, but also record levels of loans and hardship...

Pre-retiree participants who continuously held a 401(k) plan with Fidelity Investments for the past 10 years more than doubled their account balances, according to a Fidelity news release.

A retirement industry trade group says that a proposal in the Deficit Reduction Commission Proposals could eliminate 401(k) plans.

Nationwide Financial Services hired five Field Service Representatives (FSRs) for its private sector retirement plans sales force.

The former CEO of Leading Technology Services Corp. (LTS) was sentenced to prison and ordered to provide $57k in restitution to the company’s 401(k) plan participants.

C&K Market Inc. agreed to restore $3 million in cash plus interest and to sell property in order to make restitution for a series of imprudent loans made...

For the first time in five months, 401(k) participants’ asset transfers were equity oriented after a long run of being fixed-income directed, according to the latest Aon Hewitt...

ING DIRECT's ShareBuilder 401k expanded its profit sharing 401(k) plan to allow small-business owners to award different levels of contributions to their employees based on group-specific criteria.

Even though an ex-wife waived her right to her now-deceased ex-husband’s 401(k) plan savings, she is still entitled to the money, a federal judge in New Jersey has...