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14.8 million participants switch employers every year — and 33% of workers have stranded a 401(k) savings account in a former employer’s plan at least once.
August 16Portability Services Network and Retirement Clearinghouse -
Employees often ignore their 401(k)s when they change jobs, leaving valuable assets behind.
August 5 -
Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS.
August 3 -
This company released a corporate report card so employees know what their retirement investments are going toward — and whether or not it lines up with their own values.
August 2 -
A new TIGTA report warns, however, that many didn’t follow the rules and could face potential tax penalties.
July 22 -
Bankrate looks at data sets that would apply to retiree life, including cost of living index, property and sales tax rates, and the Gallup-ShareCare Wellbeing Index.
July 7 -
Blindly following the decades-old industry guideline is dangerous; tapping into 401(k)s if needed while delaying Social Security is smart.
July 2 -
The vision is to democratize “high-quality, personalized advice at scale, just as the independent advisor has disrupted wealth management,” the companies said in a statement.
June 18 -
About 76% of the average account was in stocks across the 4.7 million participants in plans that Vanguard keeps records for.
June 14 -
With the burden on participants to figure it all out, it's no surprise that more often than not, they just give up, Alexis Leondis writes.
June 10