There's little doubt in the minds of millions of Americans that the 401(k) plan stands out as a widely embraced retirement savings option. Despite that broad-based recognition, the quintessential ...
For many Americans, especially those shut out of traditional retirement systems, thinking beyond an employee-sponsored retirement plan or pension may be a financial necessity. As traditional ...
( NewsNation) — Retirement savers will see higher contribution limits in 2026, allowing Americans to put more money into ...
Workplace retirement plans generally allow you to save the most money, using tax-deductible contributions. But they don’t offer many investment choices, or easy access to the money in case of a ...
With more Americans job hopping in the wake of the Great Resignation, the risk of "forgetting" a 401(k) plan with a previous employer has jumped, recent studies show. As of 2023, there were 29.2 ...
When you leave a job, the retirement savings in your 401(k) or 403(b) don't have to stay behind. You generally have three options: leave the money in your old plan, cash it out or roll it over into a ...
Retirement account balances reached fresh records in the third quarter, capping off a period of sustained growth that has largely defied economic headwinds. The latest quarterly read from Fidelity ...
Stream Los Angeles News for free, 24/7, wherever you are. As of 2023, there were 29.2 million left-behind 401(k) accounts holding roughly $1.65 trillion in assets, up 20% from two years earlier, ...
The premise sounds fantastic: The more money you save for retirement during your working years, the bigger your retirement nest egg. And contributions to workplace retirement accounts can be ...