Struggling to save for retirement? You're not alone. Here's how we managed to save $500K-plus while raising kids and paying off student loans.
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 ...
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 ...
Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for self-employed people, such as SEP and SIMPLE IRAs. Many, or all, of the ...
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 They've largely been replaced by 401(k) savings plans, which are still a fantastic vehicle for building wealth if you know the tips and ...
The IRS just released the 2025 contribution limits for qualified retirement plans, such as your 401(k) plan. Knowing those limits, which are adjusted annually for inflation, is crucial for the ...
If making a financial transaction is among them, you might be wondering if banks are open on Election Day. After all, certain governmental agencies, courts and businesses are shuttered on Election ...
Rolling your old 401(k) over into an IRA can give you more control over your investments. Here's a list of the best brokers for an IRA rollover. Many, or all, of the products featured on this page ...
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 ...