If you work for yourself and have no employees (other than your spouse), you can save a significant amount of money in a solo ...

One of the most ruinous things you can do to your retirement is raiding your piggy bank, whether that means cashing it out or ...

401(k) withdrawals count as income and must be reported to the Internal Revenue Service (IRS). Starting at age 59½, retirees can begin accessing 401(k) funds without an early-withdrawal penalty.

This is a big month for retirement savers. On Nov. 1, the IRS announced cost-of-living adjustments for 401(k) plans, and the contribution limits are going up for 2025. If you're planning ahead ...

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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 ...

Pension plans run by employers have slowly disappeared. They've largely been replaced by 401(k) savings plans, which are still a fantastic vehicle for building wealth if you know the tips and ...

Around a third of working-age Americans have a 401(k)-style account. There is no set amount someone should have in their 401(k) at a given age. Social Security and IRAs can supplement your 401(k ...

See how we rate investing products to write unbiased product reviews. A 401(k) account can be a great way to save for retirement and minimize your tax burden. This employer-sponsored plan provides ...

Don't put all eggs in one basket:Focusing only on your 401(k) or IRA? Why that may not be the best retirement move. Did income ranges change for contributions to traditional and Roth IRAs?

Every year, the Internal Revenue Service (IRS) announces the maximum amount savers can put in their workplace retirement account, which is adjusted for inflation. Americans over the age of 50 are ...

The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday.