If you're eager to save more for retirement, you could be overlooking ways to maximize your 401(k) plan, including key ...

It's nice to splurge on the things we've always wanted while we're still young. And while I'm certainly not against spending ...

It reports on the 2023 plan-year experience of 709 401(k) plans. Nearly ninety percent of eligible employees had an account balance in 2023 (88.0%) and 86.9% made deferrals (up from 85.6% in 2022).

The average can be skewed by extremely high-earning individuals with millions saved for retirement, while the median is the ...

The SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up ...

It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one ...

Millennials represent less than 2% of Fidelity’s total millionaire population, with an average 401(k) balance for the group of $66,500 and a median balance of $24,000, Fidelity said. Jessica ...

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Strong market gains, growing employer matching contributions, and millennials reaching their peak earning years are some ...

Making a job change is always a juggling trade-off between immediate benefits and long-term financial goals. A recent Reddit ...

Unexpected medical crises have derailed retirement plans for many older Americans, and many regret not preparing financially ...

On the other hand, the average 401 (k) grows at a steady rate of about 5-8% annually, which is solid but nowhere near the ...