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 ...
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 ...
( NewsNation) — Retirement savers will see higher contribution limits in 2026, allowing Americans to put more money into ...
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 ...
As Americans near retirement, Federal Reserve data show how many have retirement accounts and what typical savings balances ...
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 ...
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 ...
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, ...