Just as the when of “retirement” will become a dated notion, so will the notion that more tax revenues are required to pay ...

Another bad decision is that I didn't move any of my money from a traditional 401(k) to a Roth 401(k). Neither did my husband. So we have to take more withdrawals than we need right now and pay ...

Understanding what vesting means in your retirement savings account can help you secure your financial future and ensure that the benefits accrued in your savings plans are preserved. The concept of ...

Early retirement is an ambitious goal. Reaching it isn’t just about making sure that you have the money saved up. It’s also ...

There is no one definition of what a personal emergency ... one of the least common known rules is the rule of 55. If a 401(k) plan participant leaves their employer in the year they turn 55 ...

The plan holds assets that are not taxed or paid out as income until some point in the future. What Is the Maximum You Can Contribute to a 401(k)? The most you can contribute to a 401(k ...

The amount increases to $160,000 in 2025. The 401(k) plan contributions of an employee designated as highly compensated are limited by IRS regulation. The IRS wants to ensure that the benefit of ...

As 2024 winds down, many are wondering what 2025 may bring in the world of compensation and benefits. Our ERISA attorneys use their decades ...

The Internal Revenue Service (IRS) released a notice providing guidance on distributions for emergency personal expense and ...