In the News

Title

How your 401(k) plan will change in 2017

Document Type

Article

Publication Date

12-4-2016

Abstract

The maximum amount most people can contribute to their 401(k) plan won’t change next year — it will remain $18,000 — but plans will change and modernize in several other ways.

Though about 40% of Americans don’t know what’s going on in their retirement accounts, the assets saved within those portfolios will determine how comfortably most people will live for the rest of their lives.