Starting in 2025, key 401(k) plan changes enacted via Secure 2.0 could make it easier to save for retirement, experts say.
Despite inflation, the average 401(k) balance rose by 14% from the previous year to $118,600, reflecting a rebound from the ...
Here's the average 401(k) balance for retirees age 45 to 54 The average 401(k) balance for those aged 45 to 54 lags behind ...
The rules of required minimum distributions can be confusing, even for professionals. In the past few years, lawmakers and ...
The Department of Labor (DOL) is developing a ‘Retirement Savings Lost and Found’ database to help workers locate missing ...
Ialways say that the real reason I never hired employees for my law firm is that I was once an employee too. That means that no matter what ...
While 401(k) plans have blossomed in popularity, the retirement savings crisis rages on. Here’s the path forward, from the ...
Saving for healthcare costs? Learn about HSA contribution limits for 2024 and 2025. Maximize your tax benefits and secure ...
There's a benefit to saving for retirement in a 401(k) over an IRA. With a 401(k), you get the ability to contribute a much ...
Retirement savers in one state have the most saved up, on average, in the U.S.. Here is the average household retirement ...
Most 401(k) plans allow you to take out loans up to the lesser of $50,000 or 50% of the account balance. If you can't pay back the full balance of the loan within five years, it is considered a ...
For workers age 50 and older, the catch-up contribution is $7,500, unchanged from 2024. That means older workers may ...