That troubling stat comes from a new Beyond Finance in which 43% of respondents admitted they don't know what a 401(k) is. It's not surprising so many people are in the dark. Financial education is ...

I’m a 67-year-old married man with three homes. My wife and I are planning to retire next year. We have $175,000 in our ...

If you're 52 with $60,000 in savings and you want to retire at 65, you'd need to stash away roughly $2,700 per month over the ...

As the 2024 presidential election approaches its finale, investors and retirement savers are grappling with a pressing ...

The sight of declining retirement savings can trigger immediate anxiety, yet understanding why 401(k) accounts lose value and ...

Some retirment savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.

Whenever you contribute to a 401 (k) or IRA, the income tax you would owe on that money is deferred until you withdraw it in ...

Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, ...

If you're retired, you may or may not have to pay state taxes on your retirement income. Here are 13 states that won't tax ...

Three people are dead and another person has serious injuries after a two-vehicle crash on Highway 401 in Ontario. Emergency ...

Federal tax law already allows people 50 and older to make extra contributions, above the annual deferral limit, to a 401 (k) ...

For employees aged 50 and older with a 401 (k), the catch-up contribution limit will stay at $7,500 in 2025, the same as in 2024. That's on top of the standard $23,500 limit for everyone else, ...