Solo 401(k)s allow self-employed workers to save for retirement, acting as both employee and employer. Self-employed individuals can contribute up to $69,000 in 2024, increasing to $70,000 in 2025.

Accessing your 401(k) plan at retirement opens up options for ... albeit paying a significant tax bill, and then have the balance tax-free. Alternatively, he could roll some of the funds annually ...

The Department of Labor (DOL) is developing a ‘Retirement Savings Lost and Found’ database to help workers locate missing ...

People receive on average a pay bump of 10 percent when they switch jobs, but the amount they stash in their 401(k) accounts ...

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 ...

The Department of Labor (DOL) is developing a ‘Retirement Savings Lost and Found’ database to help workers locate missing workplace retirement plans, such as 401(k)s. The database's purpose is ...

It can't hurt to just borrow some cash from your 401 ... to pay it back on time. If your plan allows 401(k) loans, you can borrow up to 50% of your vested balance, up to a maximum loan amount ...

But even many of those who have access to a 401(k) or another workplace retirement plan don't always participate ... Here's What You Can Do With the Cash Influx.

In parallel, the DCP has also undergone modifications to provide equivalent benefits under the plan for employees who select the Core Contribution/401(k) Program option, as opposed to the Cash Balance ...