401GO, a retirement plan provider for employers, advisors, and individuals, this week announced the completion of its $12 million Series A funding round. Next Frontier Capital led the round, which also included Rally Ventures, Impression Ventures, and Stout Street Capital. The latest capital infusion will fuel… Read More
Read more in: Fintech | Tagged 401GO, 401k, Daniel Beck, funding round, Next Frontier Capital, Richard Harjes
Human Interest, which claims to be the “fastest-growing,” and “top-rated” 401(k) provider, introduces Fast Track 401(k), a radically simplified way for small and medium-sized businesses (SMBs) to purchase and design a new 401(k) plan. Fast Track 401(k) is the latest step in Human Interest’s mission… Read More
Read more in: Fintech | Tagged 401k, human interest, kristina wallender, product update, small businesses, smbs, sme's, united states, us
Bank of America (NYSE: BAC) released its Q2 2023 Participant Pulse (PDF), which found average 401(k) balances increased by $7,250 (9.6%) since the end of 2022. The report also found that “a growing number of 401(k) participants are initiating withdrawals from their plans.” The number… Read More
Read more in: Fintech, General News | Tagged 401k, bank of america, boa, united states, update, us
Human Interest, which claims to be one of the fastest-growing 401(k) providers in the country, has been selected as the exclusive 401(k) partner for the Route Consultant Purchasing Alliance (RCPA), a membership organization “for logistics professionals. Human Interest’s retirement benefits are now available to over… Read More
Read more in: Fintech | Tagged 401k, 401k providers, human interest, logistics, retirement benefits, san francisco, united states, us
FourUsAll, a “tech-Enabled 401(k) advisor,” has sued the US Department of Labor over guidance issued regarding firms allowing savers to include crypto in their retirement savings accounts. FourUsAll aims to be the first enabler to offer secure access to cryptocurrency. ForUsAll touts its intent to… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged 401k, department of labor, dol, lawsuit
Fidelity has long had an interest in the emerging digital asset sector and today the company is taking it a step further by enabling users of its service to hold Bitcoin in 401K retirement plans. Fidelity’s workplace Digital Assets Account (DAA) is said to be… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged 401k, bitcoin, fidelity, microstrategy
Real estate lending marketplace Groundfloor announced on Thursday it has teamed up with IRA Services Trust Company to launch its tax deferred real estate investing. The platform revealed it will immediately begin to invite investors to its website to fund their accounts directly through their… Read More
Read more in: Investment Platforms and Marketplaces, General News | Tagged 401k, brian dally, groundfloor, ira
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