Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

9 401(k) Tips to Get More Money in Retirement

February 11, 2020 · Personal finance

Part-time workers no longer banned from 401(k) plans

We have good news and bad news for part-time workers. Currently, part-time employees would have to put a minimum of 1000 hours before they can apply for health and retirement benefits.

This is set to change in December 2020, though realistically, rules will take longer to go into effect since the Department of Labour and the IRS need to work on regulations. This is less than ideal.

The good news is that the SECURE Act will ensure that part-time workers who want to join a 401(k) plan would only need to put in 500 hours a year for three consecutive years instead. Gone are the days of companies hiring legions of part-time workers in order to avoid offering full benefits.

Pages: 1 2 3 4 5 6 7 8 9 10

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

9 401(k) Mistakes & Solutions All Boomers Should Be Aware Of

8th Mistake: Not Seeking Professional Advice At first glance, looking for professional help might seem…

Read More →
A senior couple carefully reviewing retirement documents together in a bright, modern home office.

10 Mistakes That Reduce Your Social Security Payments

Avoid these 10 costly Social Security payment mistakes to protect your monthly checks, minimize taxes,…

Read More →

13 Key Money-Management Tips Every Retiree Should Know

Stay active Being active is essential for your health, no matter your age. Given that…

Read More →

25 Most Important Things About Your Social Security

8. You can increase your benefits by claiming them late If you’re able to hold…

Read More →

12 Best Kirkland Products You Should Get at Costco

Discover the top 12 Kirkland Signature products at Costco that help retirees stretch their fixed…

Read More →

21 Ways to Get on Top of Your Retirement Now!

What To Do if You’re 50 or Older If your 20s, 30s and 40s have…

Read More →
A senior couple smiling while looking at a tablet in a bright, modern kitchen.

5 Crucial Medicare Changes Coming Soon

Discover the 5 crucial Medicare changes coming soon, from negotiated drug prices and out-of-pocket caps…

Read More →

10 Things to Do for Bigger Social Security Checks

Discover 10 practical strategies to maximize your Social Security income, including delayed claiming, spousal coordination,…

Read More →

Are You in Your 50s? Watch Out for These Common Financial Mistakes for Your Age Group

Putting Too Much into Qualified Plans Putting all your money into IRAs, 401(k)s and 403(b)s…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • Frequently Asked Questions
  • Disclaimer
  • Terms and Conditions
  • Privacy Policy
  • Subscribe
  • Unsubscribe
  • Contact Us

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.