10/22/23

How Much Is Saved in 401(k)s

Increasingly, retirement savings plans have become the way American workers accumulate the money they will need to supplement their Social Security payments in retirement. The most common retirement savings plan is the 401(k). 401(k)s are offered by employers, but it is typically up to the employee to decide whether to participate and how much to […]


12/21/10

Companies That Have Changed or Temporarily Suspended Their 401(k) Matching Contributions

Below is a list of employers that have announced plans to reduce or suspend matching contributions to their employees’ 401(k) and other defined contribution plan accounts since June 2008. For details on each company’s decision, click the employer’s name to see the company’s press release or news story announcing the change. Learn why the employer […]


12/21/10

A New Type of Savings Plan: The Roth 401(k)

What is the Roth 401(k)? In 2001 Congress passed the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) which in part created a new form of retirement savings plan called a Roth 401(k).  The Roth 401(k) is a new type of savings plan combining a traditional 401(k) with a Roth IRA.  Employers were […]


12/21/10

A Look at 401(k) Plan Fees