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The lawsuit, initially filed by American Airlines pilot Bryan Spence in 2023, alleged that the company violated the Employee Retirement Income Security Act (ERISA) by putting ESG goals above the ...
The 401(k) has been around for 46 years, and in that time, it has become the dominant workplace retirement plan employees of all ages use to save for their futures. Each generation has made its ...
The 401(k) plan has two varieties: the traditional 401(k) and the Roth 401(k). Traditional 401(k) In this type of plan, employees contribute with pre-tax dollars, meaning they don't pay taxes on ...
In 2000, AUL reorganized to form American United Mutual Insurance Holding Company and OneAmerica Financial Partners Inc. [citation needed] In 2010, OneAmerica purchased McCready and Keene, Inc. [4] In 2014, OneAmerica purchased City National Bank's retirement services division. [5] In 2015, OneAmerica purchased Bank of Montreal's BMO Retirement ...
The number of "401(k) millionaires" — 401(k) plan participants with balances of at least $1 million — has reached a record high, new data from Fidelity Investments shows.. As of June, there ...
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The American Society of Pension Professionals & Actuaries (ASPPA) is a national organization for career retirement plan professionals. The membership consists of the many disciplines supporting retirement income management and benefits policy. ASPPA represents those who have made a career of retirement plan and pension policy work.
For the first half of the year, the number of folks hitting that cool million target soared roughly 20%. All told, there were 378,000 retirement savers in Fidelity 401(k) plans spotting balances ...