The main benefit to using your traditional 401 (k) to pay off your house is that you’ll no longer have to worry about making ...
There's little doubt in the minds of millions of Americans that the 401(k) plan stands out as a widely embraced retirement ...
You may be saving more in an easy-to-contribute retirement savings vehicle, but you're giving up a great deal of flexibility.
Workplace plan sponsors are increasingly doing more than just overseeing 401(k) accounts. New research from Fidelity shows that many are evolving into full-service financial planning resources for ...
The vast majority of employers who offer retirement plans specifically offer 401(k) plans. Though increasingly popular, 401(k)s are not terribly easy to understand, let alone navigate. In fact, a poll ...
According to the report, fees pile up on forgotten 401 (k) accounts without regular contributions and could end up costing ...
A 401(k) retirement account is supposed to be hands-off. It’s not your money, in theory, but savings for the future you. And yet, when Americans leave jobs, one-third of them cash out their 401(k) ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...
More than $2 trillion sits in forgotten or left-behind 401(k) retirement savings accounts, with an average balance of $66,691, according to a new report. Those 31.9 million accounts represent nearly ...
Big changes are coming to Americans’ retirement plans. Last week, President Donald Trump signed an executive order that could open the door for 401(k) holders to invest in private equity, ...
While a 401(k) is designed to help you save for retirement, maxing out your plan is not always the right move. There's no rule against contributing only a portion of your income to a 401(k) and ...