Healthcare Provider Update: Offers medical, dental, vision, mental health, and disability coverage, along with HSAs, FSAs, and wellness programs 8. With ACA subsidies expiring, ASGNs flexible benefits and mental health resources help employees manage rising healthcare expenses. Click here to learn more
As a ASGN employee earning a good wage, remember when everyday products were much cheaper than they are now? That's a real-life example of inflation, an unavoidable phenomenon that erodes the value of money by pushing prices up over time. If capital isn't being put to work and making a return during inflationary periods, the purchasing power of investor capital is declining.
'If capital isn't being put to work and making a return during inflationary periods, the purchasing power of investor capital is declining.' |
![]() |
As a ASGN employee interested in investing, it is important to consider how investors have a wide range of tools at their disposal to protect their portfolios from inflation. Some prefer inflation-protected bonds, while others swear by commodities such as gold as effective inflation hedges. Investing in stocks has historically been one of the best ways to offset, or even outpace, inflation's degenerative effects on one's savings. For ASGN employees, it is important to account for this information when planning your finances as to create a portfolio that minimizes volatility and accounts for inflation.
Featured Video
Articles you may find interesting:
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
We still have a tremendous amount of interest from advisors looking into commodity funds, ETFs and other inflation protection instruments to protect against potential inflation.
What is the ASGN 401(k) plan?
The ASGN 401(k) plan is a retirement savings plan that allows employees to save for retirement on a tax-advantaged basis.
How can I enroll in the ASGN 401(k) plan?
You can enroll in the ASGN 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.
What types of contributions can I make to the ASGN 401(k) plan?
Employees can make pre-tax contributions, Roth (after-tax) contributions, and, in some cases, catch-up contributions if they are age 50 or older.
Is there a company match for contributions to the ASGN 401(k) plan?
Yes, ASGN offers a company match for employee contributions, which helps enhance your retirement savings.
What is the vesting schedule for the ASGN 401(k) plan?
The vesting schedule for the ASGN 401(k) plan typically depends on the length of service and the specific terms outlined in the plan documents.
Can I take a loan against my ASGN 401(k) plan?
Yes, ASGN allows participants to take loans against their 401(k) balance, subject to the terms and conditions of the plan.
What investment options are available in the ASGN 401(k) plan?
The ASGN 401(k) plan offers a variety of investment options, including mutual funds, target date funds, and other investment vehicles.
How often can I change my contribution amount to the ASGN 401(k) plan?
Employees can typically change their contribution amounts to the ASGN 401(k) plan at any time, subject to the plan's rules.
When can I start withdrawing funds from my ASGN 401(k) plan?
You can begin withdrawing funds from your ASGN 401(k) plan without penalties after reaching age 59½, or in the event of a qualifying hardship.
Does ASGN provide educational resources for managing my 401(k) plan?
Yes, ASGN provides educational resources and tools to help employees understand and manage their 401(k) plan effectively.