When your company closes, managing your 401(k) effectively is crucial. You have several options to consider, each with its ...

Facing a company closure can be daunting, especially when it comes to managing your retirement savings. Understanding your ...

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 ...

For most people, an employer’s 401(k) plan is the best first place to start saving for retirement. The key is being consistent with your contributions and letting time do most of the heavy lifting.

More than two-thirds (69%) of employees and 67% of employers endorse retirement plans as a ‘must-have’ employer benefit, according to Fidelity Investments’ 2025 workplace outlook report. Retirement ...

Even if it’s a small balance and you’re not looking at such a large tax hit, remember that employer plans like 401(k)s get to grow on a tax-deferred basis. So if you cash out your entire ...

Starting in 2025, certain employees in certain retirement plans must be automatically enrolled by their employer into their workplace 401(k) or 403(b) plans and a percentage of their paycheck must ...

A Redditor recently posted in the Fat FIRE subreddit about bridging the gap from now until the couple can tap into their 401(k) plan without incurring penalty fees. One of the spouses is in ...

The 401(k) is such a fixture in working life today that it’s easy to forget that this worker-driven retirement-savings system has only been around since 1978, and not every aspect of its ...

Choosing between investing in a 401(k), IRA or taxable account comes down to your financial goals, ... [+] risk tolerance and financial situation. Determining whether you should max out your 401(k ...

A solo 401(k) also must file an annual report on Form 5500-EZ if the plan has assets ... the limit on employee salary deferrals ($23,500 for 2025, but higher for participants age 50 or older ...