News

Commissions do not affect our editors' opinions or evaluations. A workplace 401(k) plan helps you save a substantial amount each year for retirement, but there are annual limits on contributions ...
A list of selected affiliate partners is available here. A 401(k) is an employer-sponsored plan that allows workers to defer a portion of their income for retirement. When you leave a job ...
The 2025 401(k) contribution limit is $23,500, up from $23,000 in 2024. Savers 50 and older may contribute an additional $7,500, unchanged from 2024. Contributing as much as possible maximizes tax ...
President Donald Trump’s swipes at Apple aren’t just bruising the company’s bottom line — they may also be taking a bite out of your 401(k). The president’s chaotic trade war continues ...
You may be able to convert your traditional 401(k) into a Roth 401(k) if your employer offers both types of plans. It boils down to when you want to pay taxes on your retirement savings ...
Beneficiaries will be responsible for taxes if the money comes from a traditional 401(k). Options for 401(k) withdrawals include lump sums, rollovers, and fixed-period distributions. Strategies ...
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.
2024 401(k) elective deferral limit is $23,000, increasing to $23,500 in 2025. Adults 50+ can contribute up to $30,500 in 2024 and $31,000 in 2025, including catch-ups. Highly compensated ...