One option is to prioritize paying off that debt over 401(k) contributions. But skipping 401(k) contributions means missing out on long-term growth and, for many, 'free' money from their employers.

Half of all workers in private-sector America now participate in 401(k) plans, a sign that tax-advantaged retirement savings may be catching on at last. As recently as 2010, federal data shows ...

Also on the list of projects Ford said would take the country forward was his government’s controversial plan to build a 50-kilometre expressway below Highway 401. “As the premier stated in ...

Each year, Vanguard does a deep dive on 401(k) participation rates and related trends. And in this year's report, it compiled data on average savings balances by age. It turns out that the average ...

Like rollovers from traditional accounts under employer plans, rollovers from Roth 401(k)s must include only eligible amounts. Amounts not eligible for rollover include: Hardship withdrawals.

For many Americans, saving money with a 401(k) retirement plan is one way to achieve financial security in their later years. In fact, a 401(k) retirement savings plan is one of the most common ...

More than 82% of large employers offer a Roth 401(k) option to employees, which means workers can pay tax now on their income and sock away their savings tax-free for the rest of their life.

Workplace 401(k) plans play a major role in helping Americans prepare for retirement, with around one-fifth of all retirement assets held in 401(k) accounts as of 2022. There's good reason so many ...

No single type of retirement plan is right for everyone, making it more important to identify what's of value to you, as an investor. If you're wondering about rolling over a 401(k) into an IRA ...

If you plan to dip into your 401(k) at 55, you can do so without a hefty tax penalty in certain circumstances. But should you? A recent MassMutual survey found that the average age for Americans ...

Now you have choices when it comes to building a retirement nest egg. And if you have access to a 401(k) plan through your employer, it could pay to participate — especially if there’s an ...