If you want to get the most out of your 401 (k) account, you obviously need to contribute money of your own. But you also ...
Taking action in these areas can help any business owner not only improve their financial security and confidence but also ...
Access to the plans has been widening, especially among small businesses, and more companies are automatically enrolling workers.
Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...
Investing in a 401(k) is a great way to prepare for a secure retirement. And as you get closer to ending your career, it's natural to want to contribute as much as possible to your 401(k). But, let’s ...
There is an unprecedented surge of newly defined contribution plans—especially 401 (k)s. According to a Cerulli report, it’s ...
Whether you're starting a new job or staying where you work right now, it always makes sense to look at employee benefits you've earned. That includes reviewing your 401(k) plan if your employer ...
Why Start Saving for Retirement Now ... Older employees can also contribute up to $7,500 in catch-up contributions. Many 401(k) plans offer employer-matching contributions. Your employer matches ...
Are you going back to work after retiring? These are some of the financial strategies that can maximize your nest egg.
The 401(k) system, introduced in 1978, is showing its age and grappling with significant challenges. Currently, only about 50% of workers have access to these plans through their employers ...
an employer temporarily halts all new contributions to and withdrawals from its 401(k) plan. You are most likely to experience a 401(k) freeze following a merger, while the new company determines ...
Most 20-year-olds are just starting to contribute a small amount toward a 401(k) or equivalent retirement plan. Between lower salaries, rent payments, student loans, and other living expenses ...