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1885 June 17 – Statue of Liberty arrives in New York Harbor

On June 17, 1885, the dismantled Statue of Liberty, a gift of friendship from the people of France to the people of America, arrives in New York Harbor after being shipped across the Atlantic Ocean in 350 individual pieces packed in more than 200 cases. The copper and...

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How Avoiding Complex Financial Terms Can Benefit 401k Plans

New Hearts & Wallets research finds most Americans fail financial fluency investing quiz, but using simple, clear definitions can help participants save more Image credit: © Walldemarus | Dreamstime.com In the employer-sponsored retirement plan arena, poor...

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Can a 401k Fiduciary Rely on Luck?

Image credit: © John Fletcher | Dreamstime.com This may sound like a flippant question at first blush, but it draws attention to the difference between procedural prudence, the process by which a fiduciary reaches a decision, and substantive prudence, the outcome of...

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Battle of Gettysburg ends

1863 - July 03 On the third day of the Battle of Gettysburg, Confederate General Robert E. Lee’s last attempt at breaking the Union line ends in disastrous failure, bringing the most decisive battle of the American Civil War to an end. In June 1863, following his...

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New 401(k) Rules for 2021

A 401(k) is a fabulous tool for savvy retirement savers, and it’s a great idea to get a jump on your retirement contributions early in the new year. With the beginning of 2021 comes a fresh start on a lot of financial things, so be sure you know the 401(k) rules for...

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National Hamburger Day – May 28, 2021

  Every May 28, National Hamburger Day celebrates America’s most iconic food. Americans eat over 50 billion burgers a year, so it’s only fitting we set aside a whole day for these special sandwiches. Originating in Hamburg, Germany, the hamburger as we know it...

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The Basics of a 401(k) Retirement Plan

How these nest-egg mainstays work, from first deposit to withdrawal   Since its inception in 1978, the 401(k) plan has grown to become the most popular type of employer-sponsored retirement plan in America. Millions of workers depend on the money they have...

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National Memo Day – May 21, 2021

  National Memo Day on May 21 has us getting our pens, notes, and typing skills sharp and ready. A memo is any piece of important information that is penned or typed down to be sent to a group of people. There are several different forms of a memo (i.e. formal,...

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How Much Should You Contribute to a 401(k)?

Here's how to select the amount to save in your 401(k) plan. You can boost your 401(k) contributions each time you get a raise, which allows you to build a nest egg without reducing your take-home pay. (GETTY IMAGES) When you start a new job and sign up for your...

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