“Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other than the owner. These plans offer a greater ...
In 2024, Transamerica launched its DWC 401(k) Pooled Plan Solutions, designed to streamline retirement plan management for businesses, while WTW launched LifeSight PEP to leverage WTW’s global ...
For advocates of the 401 (k) retirement plan, there is good news: About 70% of America’s private-sector employees are now ...
Many small business owners plan on retiring over the next several years but have 80% of their wealth tied up in their companies.
There are currently over 600,000 micro 401(k) plans in the U.S., with less than $5 million in assets, and that number will increase to more than 1 million, driven in part by state mandates and ...
“This is a very positive response from DC plan advisers because the SECURE 2.0 opportunity is helping establish small, new ...
For building their retirement savings, investors have many options. There are many employer-sponsored retirement accounts, and the 401(k) plans and ... campaigned for more businesses in the ...
Effective January 1, the SECURE 2.0 Act makes part-time employees who have met service criteria eligible for ...
Most 20-year-olds are just starting to contribute a small amount toward a 401(k) or equivalent retirement plan. Between lower ... You can use Business Insider's retirement calculator to see ...
New 401(k) offering is designed to expand access to workplace retirement plans for small and medium-sized businesses and their employees PEPs are defined contribution plans that allow a group of ...