Commissions do not affect our editors' opinions or evaluations. A 401(k) retirement savings plan is an essential benefit for employees. For businesses, picking the right plan from the countless ...

The new(ish) plan allows many who didn’t have access to a workplace plan to save for retirement for the first time.

One notable change coming to workplace retirement plans in 2025 applies to those who are ages 60 to 63. "Starting in 2025, if ...

Commissions do not affect our editors' opinions or evaluations. A workplace 401(k) plan helps you save a substantial amount each year for retirement, but there are annual limits on contributions ...

The youngest of baby boomers — and some older Gen Xers — could end up even more confused about how much money they can sock away in their 401(k) plans in 2025. Could someone in those age ...

Each investment gained 8% annualized while making the same amount of income distributions, but one was placed in a taxable account while the other went into either an IRA or 401(k) plan.

A solo 401(k) plan is a retirement savings option for self-employed individuals or small business owners with no employees, aside from a spouse. When an individual owns multiple businesses or has ...

The IRS has announced the 2025 contribution limits for 401(k) and IRAs. Employees can defer $23,500 into workplace plans, a modest increase from $23,000 in 2024. The change applies to 401(k ...

The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation. Each year ...