Many more individuals are now participating in 401(k) retirement plans than ever before. New regulations have made it easier for companies to offer 401(k) plans. The current regulations allow ...

Understand the mechanics, benefits, drawbacks, tax implications, and alternatives of 401(k) loans and withdrawals. Protect your retirement savings wisely.

If you have access to a 401 (k) plan through your job, there's perhaps no easier way to save for retirement. With a 401 (k), ...

Additionally, more workers are reaching retirement with a 401 (k) and need to figure out how to stretch it across their ...

Early withdrawals from your 401(k) may ease today’s cash crunch, but taxes, penalties, and lost compound gains can cost you tens of thousands in the long run.

Saving for retirement in a 401(k) comes with several valuable advantages. Your contributions are made with pre-tax dollars, ...

A third of Americans’ financial assets are held in retirement plans, according to data from the Investment Company Institute. In September 2024, those accounts represented more than $42 trillion in ...

Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. If you withdraw money from your 401(k) before you reach ...

For most Americans, saving for retirement means opening an employer-sponsored 401(k) plan and contributing to it regularly. Ideally, those contributions will continue for decades, with no need to tap ...

Roth IRAs allow for tax-free withdrawals in retirement. The only investments you can make in a 401(k) are those your plan provides, which can be limiting. Roth IRAs have early withdrawal exceptions ...

Early 401(k) withdrawals are those you make under age 59 1/2 without a qualifying reason. You'll pay a 10% early withdrawal penalty on top of ordinary income taxes. Consider early 401(k) withdrawals ...

An investor's instinct to live off 'income' and not 'touch capital' is a common bias. Understanding it can lead to better, ...