A 401(k) is an important saving tool for investors of all ages. Most 401(k) plans include what is known as a match and you should take full advantage of it if your plan has one. The best part of the ...
I’ve been challenging conventional financial wisdom for years, and today I want to expose one of the biggest myths in retirement planning: the 401k match as a “100% return.” As someone who’s helped ...
Your 401(k) plan administrator provides you with investment options to choose from in your account. IRAs offer more flexibility in both investment options and early-withdrawal exceptions. The minimum ...
Part of the Small Business Job Protection Act, this type of 401(k) makes it easier for small businesses to offer retirement plans to their employees.
Is it better to make after-tax Roth 401(k) contributions or save before-tax in a traditional 401(k)? The answer varies depending on the taxpayer. While individuals with higher incomes might not ...
If you start contributing money to a 401(k) plan as soon as you start working full-time, there's a good chance you'll end up with a nice balance as retirement nears provided you keep funding that ...
Divorce does not automatically change who will inherit your 401k. Make sure you know the rules and update your plans.
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
More options may soon be coming to the menu of investments you can choose in your 401(k) plan. And depending on who you ask, that may not be a good thing. Last month, the Labor Department rescinded ...
Sherwin-Williams recently revealed its decision to suspend its 401(k) match starting next month, a company contribution that reportedly reached up to 6%. For employees, both at the paint manufacturer ...