Policy changes look to reduce 401(k) plan ‘leakage’
Leaks aren’t just a problem for pipes. Billions of dollars a year drip from the U.S. retirement system when investors…
State-run ‘auto-IRA’ programs aim to close retirement savings gap
Roughly half of Americans don’t have access to a workplace retirement plan — but states are increasingly stepping in to…
401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why
Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets such as stocks during that…
A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it
Millions of people move money from a workplace 401(k) plan to an individual retirement account each year. Such “rollovers” are…
Not saving in your 401(k)? Your employer may re-enroll you
If you elected not to participate in your company’s 401(k) plan, your employer may have other ideas. The concept of…
More employers offer a Roth 401(k) — and a Secure 2.0 change may prompt more workers to use it
More workers are getting access to a Roth savings option in their 401(k) plans. In 2022, 89.1% of employers that…
Biden administration to crack down on ‘junk fees’ in retirement plans
The Biden administration is cracking down on so-called “junk fees” in retirement accounts. The U.S. Department of Labor on…
Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections
The U.S. Department of Labor is poised to issue a rule in coming weeks that’s likely to raise protections for…
New trading tech doesn’t alter long-standing investment fundamentals, best-selling financial author William Bernstein suggests
Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William…
Are U.S. seniors among the developed world’s poorest? It depends on your point of view
The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and…
