A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...

A 401(k) is an employee-sponsored retirement plan offering tax advantages. You contribute a chosen percentage of your income, which is then automatically withheld from each paycheck by your employer ...

“A 401(k) is a workplace savings plan that has tax advantages as an incentive to invest for retirement,” noted the financial firm Fidelity Investments. It allows you to save in a tax-deferred account.

Saving for retirement can be confusing. You probably know that having a 401(k) is advisable, but if your eyes glaze over when presented with financial jargon, you’re not alone. Whether you already ...

Saving with your company's 401(k) plan is common retirement advice. But when you do, you also want to make sure you understand all of the perks offered through your plan. At a minimum, you should save ...

If you’re trying to maximize retirement savings, knowing the Roth 401(k) contribution limits for 2025 is key. This year, you can put away $23,500 from your paycheck, and if you’re 50 or older, you get ...

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 before ...

If you’re looking to grow your retirement savings, a 401(k) can be a game-changer—but what if your employer doesn’t offer one or what if you don’t have an employer at all? Let’s break it down and ...

To avoid being taxed twice, notify your plan administrator and have excess contributions removed before tax day. Many, or all, of the products featured on this page are from our advertising partners ...

A new Congressional proposal would require employers to make direct contributions to workers' retirement savings, regardless of a worker's own contributions. Processing Content Introduced by ...

The IRS just announced the 2025 cost-of-living adjusted contribution limits for 401(k) plans. In 2025, if you're under 50, you can stash away up to $23,500 in your 401(k). However, the catch-up ...