A 401(k) with an annuity twist – Blackrock’s funds offer paycheck-like income option So far, 14 companies have made the hybrid funds available as the default option in their 401 (k), giving about 500,000 employees access nationwide. Funds are currently only available for U.S. 05/6/2024 - 12:00 am | View Link
401(k) plans lack one benefit that would make a big difference in retirement While the U.S. retirement system relies on employer-provided 401(k) plans to help most workers save and invest for their golden years, few of these plans help retirees avoid outliving their old-age ... 05/4/2024 - 7:56 am | View Link
BlackRock looks to make monthly paychecks part of 401(k) employee retirement plans BlackRock is reportedly looking to shakeup employers’ default retirement strategies by turning a portion of retirement savings into fixed lifetime payments through target-date funds embedded ... 05/1/2024 - 7:26 am | View Link
10 Industries With Worst Performing 401(k) Plans There are dramatic differences when it comes to average account balances, participation rates and other metrics. 04/19/2024 - 8:39 am | View Link
These 10 Industries Offer the Best-Performing 401(k) Plans Tough markets in 2022 caused average balances to fall across industries, but some sectors managed to outperform significantly. 04/17/2024 - 7:42 am | View Link
Robotic security using drones along with the rise in artificial intelligence were big themes on Axon Enterprise Inc.'s Q1 call. The company reported quarterly revenue that was up 34% year over year and exceeded its expectations.
With many college Olympic sport programs facing budget cuts and uncertain futures, the Nordstrom family is giving the University of Washington a "pioneering set of gifts."