Moving your money to a new financial institution can be tedious and complicated. At Betterment, our goal is to make it easy and automatic. Here, we break down each rollover method and explain which might be right for you. Read More
Currently, you must opt-in to receive 401(k) statements electronically, instead of via snail mail. A proposed law could change that, making e-statements the norm and saving the industry millions in the process.
New research finds that employees are neither confident about when they can retire, nor about how their 401(k) plans operate. Employers can address this by choosing new digital advice tools and robust, low-cost 401(k) plans to help their employees better prepare for retirement.
Tapping into your 401(k) isn’t as easy as cracking into a piggy bank. It’s also more expensive. After early withdrawal penalties (and losing out on future earnings) what's left of your 401(k) balance is far less than expected.