Young workers have received the message about long-term financial security—and with increasing assistance from employers they are doing something about it, new research shows. In the first half of 2014, the number of Millennials enrolling for the first time in a 401(k) plan jumped 55%, according to the Bank of America Merrill Lynch 401(k) Wellness Scorecard.
Why Millennials Are Flocking To 401(k)s In Record Numbers
Dan Kadlec, Time: Business
Thu, 10/23/2014 - 6:00am
BING NEWS:
- The Unfortunate Truth About Maxing Out Your 401(k)
A 401 (k) is an important tool -- there's no denying that. And the more people use one to put money away for retirement, the better (in most cases). However, before focusing on maxing out your 401 (k) ...
06/1/2024 - 4:00 am | View Link - Here’s how long it takes workers to become 401(k) millionaires
savings rates reached a record high of 14.2 percent, driven by employee and employer 401(k) contributions. This savings rate is a milestone. It’s the closest it has ever been to Fidelity’s ...
05/31/2024 - 12:00 am | View Link - Own a 401(k)? You Could Soon Vote on Issues Like Elon Musk’s Pay
Pass-through voting” is on the rise this proxy season, thanks to new fintech tools. It is perfectly suited for an era in which ESG and “anti-ESG” movements politicize everything.
05/30/2024 - 9:44 pm | View Link - Record number of Americans have $1M in their 401(k) retirement accounts
A record number of people have reached $1 million in their 401(k) retirement accounts, according to Fidelity Investments.
05/28/2024 - 6:06 am | View Link - Record number of 401(k) savers have balances over $1 million
They are still a very small minority in the 401(k) universe, but there were a record number of 401(k) participants with balances over $1 million at the end of the first quarter this year, Fidelity ...
05/23/2024 - 11:30 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more