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 ...

These videos are designed as both training tools, report training, and reference guides for individuals in the reporting environment. The videos listed below are based on user roles and licensing.

The Internal Revenue Service (IRS) limits the annual contributions individuals may make to their retirement plans, including Roth IRAs, traditional IRAs, and 401(k)s. For 2024, you can contribute ...

Charday Penn / Getty Images While most Americans are familiar with 401(k) plans as retirement-saving vehicles, there are lesser-known retirement plans. One example is the 401(a) plan, which is ...

Commissions do not affect our editors' opinions or evaluations. Employee training and ongoing education are vital to the success of businesses of all sizes. Having the best employee training ...

401(k) loans allow you to borrow a portion of your retirement fund balance. Interest charges on 401(k) loans go back into your account. Failing to repay the loan or leaving your job can have tax ...

Since Congress created 401(k) plans in 1978, they have become the most popular retirement account in the U.S. One-third of workers had a 401(k)-style account in 2020, roughly double the number ...

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500. Use our calculator to estimate your future balance.

Learn more about it. If building a retirement nest egg is your goal, contributing to a 401(k) if you have access to one could help you achieve it. These popular retirement savings plans are ...

Rolling over a 401(k) into an IRA is an effective way to keep retirement savings growing when you plan to switch jobs or retire from the 9-to-5 for good. This type of rollover can also confer tax ...

Commissions do not affect our editors' opinions or evaluations. A 401(k) retirement savings plan is an essential benefit for employees. For businesses, picking the right plan from the countless ...

On balance, 401(k) participants have had a good run over the past year. Especially those who have amassed a balance of at ...