Fidelity 401k

What Is A 401k Plan?
The 401K takes its name from the IRC (Internal Revenue Code) of 1978. The operation of the 401K is administered by the EBSA (Employee Benefits Security Administration) of the Department of Labor. The 401K plan has a lot of advantages. First and foremost is that the employee can contribute pre-tax money that reduces the tax paid in each paycheck. Also, the company contribution and any growth in the fund is free of tax until withdrawn. The compo Read More...
401K-itis
Are you one of those many people who dread reading their 401K statements? You have been watching it decline for about 2 years and are wondering if will ever stop. Just about everyone says the market will come back. Brokers say you are in for the long haul so don't worry. Any account that drops to a 50% loss has to go up 100% to get "even" and that is a very difficult phenomenon. If you have an 80% loss as has already occurred in the Nasdaq you wo Read More...
Plan for Your Retirement with a 401K
It�s never too early to think about retirement. We all want to make sure that we will be taken care of when we are no longer able to work. Your retirement is the most important investment you will ever make. A 401K retirement plan is a good option for saving for retirement. 401K plans are offered by companies and other employers for their employees. They allow you to save straight from your pay, without paying taxes first. The plan is a trust, a Read More...

The NEW Roth 401k Plan
401K Rollover
Enron 401K Program

RELATED NEWS

Report: Early 401k Withdrawals At 10 Year High
A new report from Fidelity Investments shows 401k "hardship" withdrawals are at a 10 year high. Financial planners warn that dipping into retirement savings early can incur penalties come tax time. Read More...
Asian Stocks Advance on U.S. Home Sales, Falling Jobless Claims
Asian stocks rose for a third day after U.S. reports showed an unexpected increase in pending home sales, a decline in initial jobless claims and improved retail sales. Read More...
New York Police Say ?Suspicious? Car on Park Avenue is Harmless
A black Mercedes sedan parked on Manhattan?s Park Avenue that was reported in a 911 call as suspicious was determined to be harmless, New York police said today. The investigation of the car, parked two blocks from JPMorgan Chase & Co.?s headquarters, caused traffic on the avenue to be shut down between East 50th Street and East 57th Street. Traffic has since been restored to the area. Read More...
More Americans tap into "nest egg" for help now
A record number of Americans are dipping into their retirement early. Read More...
Fidelity: Majority of 401(k) Participants Show Steady Savings
Although the majority of 401(k) participants exhibited steady savings behavior in the second quarter, the number of loans and hardship withdrawals also increased, according to data from Fidelity Investments. Read More...
More People Dipping into Retirement Funds
The economic downturn is forcing Americans to make early withdrawals from their retirement funds, reaching a 10 year high. Read More...
Dipping Into Retirement Account Can Cost Plenty
After three years of tough times, lower home values, and tighter credit, many Americans believe their only option for emergency cash is their 401k but dipping into that retirement account can cost you plenty now and in the future. Read More...
WATCH: 401K 'Hardship' Withdrawals Hit All-Time High
This risky trend is a sign of how far Americans are going to make ends meet. Fidelity Investments - Business - 401(k) - Education - Michael McHugh Read More...
Are you being forced to dip into your 401k?
Submitted by Scott Pickey on Fri, 08/20/2010 - 3:07pm. READ MORE: A new report from Fidelity Investments shows that the number of workers who are borrowing from their 401k retirement accounts has reached a 10-year high. Read More...
401K hardship loans up
In the wake of news about a spike in new applications for unemployment benefits comes another potentially troubling sign: A record number of workers made hardship withdrawals from their retirement acc Read More...