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What is a 401k? – Your Home Teacher

A 401k is a retirement savings account that is offered by many employers. Employees can choose to have a portion of their paycheck automatically deposited into their 401k account. 401ks often have employer matching contributions, which can make them an attractive option for saving for retirement. There are several benefits of a 401k. One benefit…

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The UnitedHealth Group 401k Lawsuit: A Reminder To Understand Plan Sponsor Fiduciary Duties
The UnitedHealth Group 401k Lawsuit: A Reminder To Understand Plan Sponsor Fiduciary Duties

Overview of fiduciary duties and enforcement of the breach of fiduciary duties Recent headlines concerning the pending lawsuit against UnitedHealth Group for alleged breaches of fiduciary duty in connection with the administration of the UnitedHealth Group 401 (k) Savings Plan1 have many retirement plan sponsors scrambling to better understand their duties, and potential liability, in…

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American 401k Review

American 401k Editor’s Score: 91/100 Transparent pricing 100/100 Low employee investment fees 87/100 Mobile and online access 100/100 No fees for sign-up or administration 80/100 Variety of plans 90/100 Why American 401k Is Best for Transparency Unlike some of the best employee retirement providers, American 401k offers transparent pricing. The provider’s administration fees and per-employee…

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Use out-of Roth and you may Pretax Solamente 401k Loans Question:

Use out-of Roth and you may Pretax Solamente 401k Loans Question: Means 1098 does not apply at solamente 401k new member financing once the appeal paid to your an unicamente 401k participant mortgage is not income tax deductible. Loan amount Formula Question: How do i sign up for a consumer loan out-of my unicamente 401k…

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Investing For Your Retirement, Thinking Beyond a 401k - TechBullion
Investing For Your Retirement, Thinking Beyond a 401k – TechBullion

As you approach retirement, it’s important to think about all of the different ways you can save and invest for your future. While most people think about traditional options like 401(k)s and IRAs, there are actually many other, less common ways to save for retirement. In this blog post, we’ll explore some alternative investment options…

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Janus Henderson Accused of Favoring Own Funds in 401k Plans – SWFI

Janus Henderson Group plc is being sued via class action by one of its retirement plan participants in the U.S. District Court for the District of Colorado. Sandra Schissler is a participant in Janus Henderson’s retirement plan since 2012, alleges the plan’s fiduciaries violated the Employee Retirement Income Security Act (ERISA) by not acting prudently……

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