When business owners think about 401(k) plans, they often view them as an employee perk—one of those benefits you consider ...

Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why beneficiary updates matter more than you think.

The 401(k) limit for 2025 for many savers is $23,500, but those working in their early 60s are allowed to save much more, if ...

Part of the Small Business Job Protection Act, this type of 401(k) makes it easier for small businesses to offer retirement ...

For one, it has a much higher contribution limit than many other retirement accounts. In 2025, you can invest up to $23,500 per year in a 401 (k), while the contribution limit for traditional and Roth ...

401(k)s and traditional IRAs are similar when it comes to their withdrawal rules. In both cases, you’ll pay a financial penalty for distributions before age 59½ unless certain exceptions apply.

An after-tax 401k is a special type of 401k contribution that allows you to add additional "after-tax" money into your 401k account. Most long-term investors realize there aren’t too many ...

If you work for a company that has a 401(k) plan, congratulations. As of September 30, 2024, about 70 million Americans took part in over 715,000 company retirement plans.

A Roth 401(k) offers elements of both a 401(k) and a Roth IRA. Here's what you need to know about this employer-sponsored retirement account.

A 401(k) plan is generally protected from creditors if you’re sued or need to file for bankruptcy. This means that a simple mistake won’t cost you your retirement.

Benefits. Traditional and Roth 401(k) plans have a higher annual contribution limit ($23,000 for 2024; $23,500 for 2025) than IRAs ($7,000 for both tax years).

“Assuming your 401(k) balance is currently $100,000, it will grow to $320,713 if the constant annual rate of return is 6% and nothing is added to the account over 20 years,” says Mark Charnet ...