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The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. [3] It was ranked 160th in Fortune 500 in the year of 2020. [4] The company's earnings are divided between property -and- casualty operations, group benefits and mutual funds . The Hartford is the 13th-largest property and casualty insurance ...
The Hartford ( HIG) is a big player in the 401 (k) market. According to its website, it administers over 30,000 plans, with $41 billion in assets under management on behalf of 1.6 million plan ...
A 401 (k) plan is a retirement account offered by employers. Employees can opt to have some of their earnings deducted from their paychecks and put into a 401 (k). These deductions are pretax ...
Employers make employer contributions to employees’ 401(k) accounts. A max out contribution is the maximum amount of money allowed to be contributed to a 401(k) account in a given year.
A 401 (k) is a profit-sharing retirement saving plan some U.S. employers offer. It lets you contribute a portion of your pre-tax income to a tax-advantaged investment account. You can invest these ...
A 3(38) fiduciary overlaps with 3(16) and 3(21) fiduciaries but these other roles have limited authority over a 401(k) account. The 3(16) fiduciary oversees the account’s administration.
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