Tag: 401k

The Bank of America Corp. (BofA) was under no obligation to provide detailed disclosures about its 401(k) plan hardship withdrawals.

Fidelity Investments 401(k) highlights from the first quarter of 2010 show strong account balance growth and performance for participants that stayed the course over the past 12 months...

Bank of America Merrill Lynch’s Retirement & Benefit Plan Services quarterly report of activities within its proprietary 401(k) plan business shows an increase in total plan assets to...

I’ve been a huge “Star Trek” fan for most of my life. 

Synapses Inc., a provider of 401(k) education, products, and services, is supplying its Sponsor Profile tool to Madison, Wisconsin-based CUNA Mutual Group for use with CUNA’s 401(k) clients.

401(k) participant transfers were strongly equity-oriented in April, according to the Hewitt 401(k) Index.

Sixty-eight percent of employers reported that their company allows 401(k) participants to contribute 25% or more of their earnings, according to a survey by BLR.

A court cleared Baxter International of wrongdoing in connection with a 401(k) stock-drop lawsuit.

Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.

Nationwide Financial Services, Inc., has introduced 401KIncome, a public policy proposal that it said “provides incentives for the funding of guaranteed retirement income while strengthening the current employer-sponsored...

Markov Processes International (MPI), which specializes in providing technology in the institutional and high-net-worth space, is now making available a Web-based manager research and reporting tool for all...

In 2009, 76% of mutual fund-owning households indicated that their primary financial goal for their fund investments was saving for retirement, according to the Investment Company Institute (ICI).

While 401(k)s and individual retirement accounts (IRAs) still seem to be the most important source of retirement income, the proportion of Americans planning on rely on Social Security...

Clark Capital Management Group offers risk-based asset allocation models designed to protect 401(k) participants from dramatic declines.

Aon Corp. has agreed to pay $1.8 million to settle a lawsuit alleging 401(k) participants lost tens of millions of dollars when Aon’s overvalued company stock price collapsed...

The U.S. District Court for the Western District of Missouri has approved a $925,000 settlement of a lawsuit claiming NovaStar Financial continued to offer company stock in its...

For the first time since Cogent Research has been tracking investor allocations, it says wealthy Americans now hold more assets in individual retirement accounts (IRAs) than in workplace-based...

Half (52%) of affluent Americans believe that more could be done to assist individuals in their retirement saving efforts, according to a recent survey.

A report from Hewitt Associates suggests workers were able to recover a significant portion of the losses they sustained in 2008 simply by participating in their 401(k) plan;...