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  2. Principal Financial Group - Wikipedia

    en.wikipedia.org/wiki/Principal_Financial_Group

    In 2019, Principal purchased Wells Fargo's institutional retirement and trust business (including 401k, pension, executive deferred compensation, employee stock ownership plans and asset advice business) for $1.2 billion. The deal was financed with cash and senior debt financing. [8]

  3. Wells Fargo (WFC) to Pay $32.5M to Settle Retirement Plan Case

    www.aol.com/news/wells-fargo-wfc-pay-32...

    Wells Fargo (WFC) agrees to pay $32.5 million to resolve allegations of self-dealing with its 401(k) plan. The settlement represents 40% of the plan participants' estimated damages.

  4. Target date fund - Wikipedia

    en.wikipedia.org/wiki/Target_date_fund

    stylized glide path of a target date fund, shifting investments to become more conservative over time. A target date fund (TDF), also known as a lifecycle fund, dynamic-risk fund, or age-based fund, is a collective investment scheme, often a mutual fund or a collective trust fund, designed to provide a simple investment solution through a portfolio whose asset allocation mix becomes more ...

  5. I’m a Banking Expert: How To Use Your Bank’s Retirement ...

    www.aol.com/m-banking-expert-bank-retirement...

    The Final Word. Your bank’s retirement accounts can be your secret weapon for a comfy retirement. By making the most of tax perks, automating your savings, mixing up your investments and staying ...

  6. Hitting the $1 million milestone in your 401(k) isn't as big ...

    www.aol.com/finance/hitting-1-million-milestone...

    Hitting the $1 million milestone in your 401(k) isn't as big a deal as you might think — how to keep more of your hard-earned retirement savings Lou Carlozo September 12, 2024 at 4:07 AM

  7. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...

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