401K

A mutual fund is a professionally managed financial security that pools assets from multiple investors in order to purchase stocks, bonds, or other securities. A fund’s investors may range from individual investors’ 401(k) plans and Individual Retirement Accounts (IRAs) to institutions...

April is National Financial Literacy Month, which means it’s a good time to ask: do you consider yourself financially “literate?” It’s an important consideration for investors, because markets are constantly changing, and everyone’s financial plans can use a thorough...

One of the things you have to consider when changing jobs or nearing retirement is what to do with your old workplace savings plan.  The more frequently you’ve changed jobs, the greater the chance that you may still have an old 401(k) with a former employer, maybe even one you forgot...

For many, 401(k) plans offer one-stop retirement planning: You contribute pre-tax money before your paycheck hits your bank account, lowering your tax bill and ensuring you don’t spend it elsewhere. Plus, many employers match a portion of what you put in (free money!) and offer features that...

When packing up your desk for that next great career step, don’t forget about your 401(k) plan. Should it stay or should it go with you to the new job? Your choices range from doing nothing, moving your savings to your new company’s plan, or rolling it over to an Individual Retirement...

Gone are the days when pensions were a part of life. Today no one thinks twice about taking advantage of a new career opportunity. But too often, along with old condiments and clutter, we also leave behind our 401(k)s. Taking it with you typically involves rolling a former company plan’s...

Asset managers have been under pressure recently, as passive and robotic investing strategies have grown substantially. Decreasing costs and the increasing ease of investing has reduced the value-add of asset managers to individuals. Barclays’ Take Barclays' Kenneth Hill believes industry...

When retirees reach 70.5 years old, the IRS sends the bill on their tax-deferred 401(k) savings accounts. This week, the oldest baby boomers will be reaching said threshold, and thus, will be required to start withdrawing cash from their IRAs and 401(k)s. However, what’s interesting...

Most people invest in a 401(K) plan with high hopes of strong returns on their investment. However, the only thing guaranteed when it comes to your 401(k) plan is that participation comes at a price. According to a new Hearts and Wallets poll, many Americans don’t realize how much their 401(K...

Connect The Dots The University of Michigan’s Consumer Sentiment dropped from 91.9 to 85.7 – the lowest level in a year. Meanwhile the S&P 500 remains down, -5% year over year and -10% since July. It’s no coincidence that consumer sentiment stumbled at the same time...

Although the present day hoopla over retirement is certainly cause for much financial concern, particularly among older Americans, retirement has not always been such a hotly contended subject – retirement has only within recent memory been a tangible concept at all. When considering retirement...

With the tagline "The Robin Hood of Fees," startup FeeX is hoping to help people take charge of their finances by eliminating unnecessary fees associated with their accounts. The company analyzes a user's investment accounts and provides feedback letting them know whether or not...

There can be little argument that the U.S. Federal Reserve saved the banking system and, in the process, the global economy during the credit crisis. In an intense time with the financial system seemingly coming apart at the seams, Bernanke & Co. pulled out all the stops in order to keep the...