Tag Archives 401(k)

401(k) Plan Shortcomings Failing As Retirement Income Program

The current “retirement plan” of choice – 401(k) plans – really aren’t true retirement income plans. While they can be great for accumulating savings, most 401(k) plans don’t do much to help older workers decide if they have enough money to retire, or how to convert their hard-earned savings into a retirement paycheck. Americans need more ...

Three Ways To Save A Lot More For Retirement

Unlike the great American gymnast Simone Biles, you don’t need to do flying somersaults to be good at retirement savings. There are already tools available for what you need to do As the U.S. economy continues to improve, retirement savers are pumping more money into their long-term savings. Some 21 percent of Americans surveyed, according to ...

How Employers Nudge Workers to Save More for Retirement

37459863 - setting by your 401k nestegg and money. When they are properly funded, 401(k) plans can help you build a nest egg for retirement. But employees often fail to take action and start saving in the account. To get more people to participate in the plan, many employers now automatically sign workers up for ...