The 401(k) system, introduced in 1978, is showing its age and grappling with significant challenges. Currently, only about 50% of workers have access to these plans through their employers ...
Two Durham police officers have been criminally charged for their alleged roles in a catastrophic police chase the wrong way down Highway 401, a pursuit launched over an LCBO theft that ended in a ...
It took nearly 50 years, but half of private-sector workers are saving in 401(k)s for the first time. Long after workplaces started using these retirement plans in place of traditional pensions ...
The median account balance was $60,763 Empower reported that the average 401(k) of someone in their 50s is $592,285, while the median is $252,850. Fidelity found the average 401(k) balance for ...
Ontario’s police watchdog says it has charged two officers in connection to a fatal wrong-way pursuit on Highway 401 last spring. The Special Investigations Unit (SIU) said Friday it has ...
Part-time workers will now have an easier time contributing to their employers' 401(k) plans, thanks to a provision in the 2022 SECURE 2.0 Act that finally went into effect in 2025. This also ...
One of the most valuable perks of a 401(k) is its high contribution limits. In 2025, adults under 50 can contribute up to $23,500 to one of these accounts, and this doesn't include any match their ...
For workers, a standard 401(k) plan offers a straightforward and tax-advantaged way to save for retirement, but for employers, setting up a 401(k) plan is anything but simple. Companies that want ...
The primary savings vehicle for most Americans these days is a 401(k) plan. Traditionally, retirees have been able to count on Social Security—and they still can—but the long-term outlook is ...
in which police officers chose to pursue a liquor store robbery suspect driving the wrong way on Highway 401. Two grandparents, visiting from India, and their infant grandchild were among the ...
When it comes to saving for retirement, a 401(k) plan is one of the smartest financial products you can utilize. Contributions to these employer-sponsored plans are tax-deferred, so they lower ...
Retirement investors face a challenging conundrum when choosing the best 401(k) funds: how to discern the value for the fees you pay. High fees can only be rationalized if a fund has consistently ...
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