401K

/Tag: 401K

401k Financial Wellness Hindered by Ongoing Debt Debacle

We’ve heard a lot about the shrinking middle class. Despite an economy with the highest level of corporate profits in years and record employment levels, people are struggling financially. Economic gains have mostly gone to those already well-off. Many of the newly created jobs boosting employment numbers are in low-paying service and retail positions. Wages

Workers in ESOPs Have Double the Retirement Savings

S Corporations are likely to be fully employee stock ownership plan (ESOP) owned, and S Corporation ESOPs, in particular, tend to prepare workers much better for retirement than other types of workplace retirement savings plans, according to the National Center for Employee Ownership (NCEO). ESOP participants have an average retirement balance of $170,326, more than

Reason No. 1,468 For 401k Financial Wellness

Sad, but not surprising. Only six percent of Americans could pass a quiz about a broad range of financial decisions they’ll most likely need to make. This despite the fact that nearly half of Americans feel more financially secure today than five years ago, according to a new survey from Financial Engines, the robo advisor founded by