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Voya Financial is a New York-based financial services company that offers retirement, investment and insurance products. It was formerly known as ING U.S. and became independent in 2013 after a spin-off from ING Group.
Sodexo is a global leader in foodservice, facility management, and service vouchers, with 412,000 employees and operations in 55 countries. It was founded in 1966 by Pierre Bellon and has undergone several mergers, acquisitions, and name changes over the years.
Even if we take the average $244,750 balance for 401(k)s, when we apply the popular 4% rule, a nest egg that size amounts to about $9,800 in annual retirement income. That's not a whole lot, even ...
About 35% of working Americans currently have 401(k)s, making it the most utilized retirement option, according to a 2020 census report. But that investment vehicle, beloved by employers across ...
A stable value fund is a low-risk investment option in 401 (k) plans and other defined contribution plans. It offers principal preservation, predictable returns, and a rate higher than money-market funds, by using contracts from banks and insurance companies to smooth out interest rate volatility.
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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