There was a sneak preview of the Dept of Labor’s preliminary guidance on setting up 401k default investment options. These situations occur when 401k participants fail to select an investment option for their 401k contributions or a 401k default fund is used in 401k plans with automatic enrollment features.
Currently, 401k plan sponsors are rethinking their [...]
Posts Tagged ‘401k Contributions’
One Less Furrowed Brow For 401k Plan Sponsors
Posted by admin on April 30th, 2010
Posted in 401k Retirement Plan 
Tags: 401k Contributions, 401k Plans, Automatic Enrollment, Default Fund, Dept Of Labor, Erisa, Fiduciary Responsibility, Furrowed Brow, Internal Revenue Code, Internal Revenue Code Section, Investment Decisions, Investment Option, Investment Options, Money Market Fund, Participant, Plan Fiduciaries, Plan Sponsors, Safe Harbor, Sneak Preview, Stable Value 
No Comments »A Closer Look At The Roth 401k
Posted by admin on February 16th, 2010
Roth 401k is a good retirement savings option. Although it does not provide an up-front tax-deduction, the account eventually becomes tax-free, because the withdrawals taken at retirement are not subject to income tax.
This tax benefit can only be provided to persons who are at least 59.5 years old, or are disabled, and who have held [...]
Posted in 401k Retirement Plan Tags: 401k Account, 401k Contributions, 401k Rules, Closer Look, Free Earnings, Income Tax, Investment Earnings, Investment Option, Ira Roth, Job, Minimum Period, Provision, Retirement Savings, Roth 401k, Roth Ira Account, Tax Benefit, Tax Deduction, Tax Relief, Taxpayers, Withdrawals No Comments »
