401k

Could ESG Funds be Removed from Your 401(k) Plan?

A pilot successfully sued American Airlines for including ESG factors in its 401(k) plan....

Are These 401(k) Myths Impacting Your Retirement Savings?

401(k) plans are a critical tool for many Americans striving to secure their retirement. These tax-advantaged accounts often represent a significant portion of an investor’s financial future. Ho...

Becoming the 401(k) millionaire next door

The amount of retirement millionaires continues to grow, according to Empower data, with 9.1% of Americans falling into this category of retirement savers....

The average 401(k) balance by age

The 401(k) is one of the most common investment vehicles to save for retirement. See how your long-term savings stack up....

Need More Money for Retirement? A Lost 401(k) May Rescue You

Over 29 million lost 401(k) accounts worth almost $1.65 trillion have been forgotten by their owners. Here are eight ways you can locate your account....

Is a 401k Worth It Anymore for Doctors?

Let’s just get this out of the way up front. A 401k is definitely still worth it for doctors…and anyone ... Read more...

Variable amounts for 401k catch-up for 2025.

I don't know what law or regulation changed the set amount for 401k catch-up for 2025. Can anyone explain the reason the amount for catch-up is $7,500 for over 63 to 67 and $11,250 for 60-63? I turn 6...

Does maxing out my 401k signal to my employer that I plan to retire soon?

I plan to retire in a few months - but I am not ready to notify my employer. I am considering contributing almost all of my remaining pay to my 401(k). Our pay is handled by a third party (ADP). My cu...

5 changes for IRAs and 401(k)s in 2025

The SECURE 2.0 Act contained changes to traditional and Roth individual retirement accounts and 401(k) plans that are being phased in over several years....

401(k) Super Catch-Ups: Are They Right for You?

New for 2025, employees 60 to 63 can save an additional $11,250 in their 401(k), but should they?...

UnitedHealth Group Agrees to Historic $69 Million 401(k) ERISA Settlement

Amount believed to be largest ever for an ERISA case about poorly performing investment…...

Voldemort and Your 401(k)

A Post-Mortem on the Benartzi-Adams “Debate”...

Is the 401(k) doing too much?

Health care costs. Student loans. Domestic abuse. Are retirement plans addressing too many problems at once?...

2025’s Super Catch-Up 401(k) Contribution: What You Need to Know

If you’re between the ages of 60 and 63, 2025 marks a golden opportunity to supercharge your retirement savings. Thanks to the SECURE 2.0 Act, the IRS is rolling out a special “super catch...

Meta Benefits, RSU Details, 401k Match, and more

Discover everything you need to know about Meta's exceptional employee benefits. From competitive compensation and stock grants to generous parental leave and unique perks like the Meta Recharge progr...

Mega Backdoor Roth IRAs & 401k True Ups

You have heard your colleagues talk about this “Mega Back Door Roth” thing? Or perhaps you read about it here on FAANG FIRE and thought it was some exotic, complicated, advanced strategy. ...

IRA vs. 401(k): Should You Pick One — or Both?

An IRA or 401(k) can help you supercharge your retirement savings. We'll help you pick one or opt for both....

Only 1 in 4 Using Systematic Approach to 401(k) Decumulation

New study from IRALOGIX examines challenges of managing withdrawals; finds half of…...

Record High Number of 401(k) Millionaires, Average Account Balances at Fidelity

Q3 2024 Retirement Analysis finds Gen X savers make impressive gains; 2.2 million…...

Ignoring Your Old 401(k) Could Be a $130,000 Mistake

You'd be shocked at how many people leave a job and let their 401(k) languish at their former employer. Instead, three steps can help safeguard your retirement....

How Anyone Can Easily Become A 401(K) Millionaire

While becoming a millionaire may seem impossible, the good news is anyone can become a 401(k) millionaire if given enough time. The 5 easy steps you need to take, now....

GreenPath 401k Debuts as ‘First Fully Vetted and Transparent’ Retirement Plan for Legal Cannabis Industry

Green Leaf Business Solutions taps First Citizens Bank as Custodian to bring top-tier 401(k)…...

401(k) fees are lower but still hard to understand. Planners can help

A government watchdog reports that Labor Department regulations haven't made much of an impact on the levels of disclosure and comprehension....

Four Ways to Maximize Your 401(k) Contributions Before the Year Ends

To maximize your 410(k) contributions in 2024, assess how much you’ve contributed so far, check your employer’s match, take a look at your budget and consider increasing how much you set a...

401(k) Balances at Bank of America Spike 11% in Q3

Average balance now tops six figures after closing 2023 at $86,000...

New Future Capital Partnership Targets Held-Away 401(k) Assets

Deal with SS&C's Black Diamond Wealth Platform integrates customized 401(k) solution for…...

Self-Directed 401(k) Balances Up 21% in Past Year: Schwab Report

Apple reclaims top spot from Nvidia among SDBA equity holdings...

Retirement 401(k) and IRA Contribution Limits for 2025

The IRS announced changes to retirement contribution limits to help workers boost their retirement savings with cost-of-living adjustments. Whether you’re saving through a 401(k), IRA, or anothe...

Solo 401(k) Tax Credits Explained: Don’t Let Your CPA Cost You $1,500

If you're a self-employed worker setting up a solo 401(k), you might be leaving money on the table if you don't know about this tax credit. The post Solo 401(k) Tax Credits Explained: Don’t Let ...

Collective Investment Trusts: Should Your 401(k) Hold Them?

Your employer-sponsored retirement plan may hold a unique type of investment called a collective investment trust, or CIT. They come with benefits and risks that warrant a closer look....

Avoid the 401(k) to IRA Rollover Cash Trap

Many Americans are potentially missing out on retirement savings by falling victims to the 401(k) to IRA rollover cash trap. According to Andy Reed, head of investor behavior research at Vanguard, &ld...

2025 401(k) Contribution Limits: Bigger Savings, Better Retirement

The 401(k) contribution limit for employees in 2025 has increased to $23,500, up from $23,000 in 2024. The employer contribution limit also rises to $46,500, bringing the combined employee and employe...

IRS increases 401(k) limit, keeps IRA limit the same

The amount individuals can contribute to 401(k)s in 2025 has increased by $500 to $23,500, but the IRA limit remains $7,000....

The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k)

Introducing the age 55 exception for a withdrawal from a 401(k) plan. Penalty free, with some restrictions applied. The post The Post-55 Exception to the 10% Penalty for Withdrawals from 401(k) appear...

Outdated 401(k) Rollover Processes Challenge, Frustrate Retirement Savers

New data from Capitalize highlights problems including most users being unable to complete a…...

A Nightmare on 401(k) Street: The Spookiest Retirement Facts

These facts are sure to keep 401(k) plan advisors and investors at the edge of their seats...

IRS Gives 2025 401(k) Contribution Limit a $500 Boost

Official announcement today confirms forecasts that individuals will be able to contribute…...

401(k) and IRA Contribution Limit Changes for 2025: What to Know Now

IRS inflation adjustments typically mean higher contribution limits for the new year....

Move 401Ks to an IRA that can give us equal 401k growth after retirement?

I am considering retiring for a second time in a year from now with a fairly small (currently $38k) 401k, after 10 years at my current employer. My wife has already stopped working and left her 401k (...

How To Slash Taxes On Employer Stock In A 401(k) Plan

There are significant tax-reduction opportunities available when employer stock is held in a 401(k) plan. But you have to meet all the qualifications....

Should I start 401k participation at my age - 59

I am a seasonal employee and just met the 1000 hour requirement to participate in the company 401k. I will likely continue with the company for several more years. My spouse (67) plans to retire in 1 ...

Boeing Contract Vote Could Hinge on Improved 401(k) vs. Restored Pension

Aerospace giant sweetens offer to end strike with better 401(k) benefits but many Machinists…...

Converting an Inherited 401(k) to Roth

Things to consider with an inherited 401(k) plan - such as, you can convert the plan to a Roth IRA, enjoying tax-free withdrawals afterward. The post Converting an Inherited 401(k) to Roth appeared fi...

Should You Move Your 401(k) to an IRA Once You Hit 59½?

Some 401(k)s allow for in-service withdrawals at age 59½, opening up greater investment options. Here are three reasons for taking the plunge....