A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...

Saving for retirement can be confusing. You probably know that having a 401(k) is advisable, but if your eyes glaze over when presented with financial jargon, you’re not alone. Whether you already ...

Key Takeaways The average 401(k) balance for people in their 60s was $568,040 as June 2025. The median amount saved was much lower, at $188,792.How much you need to have saved for retirement will ...

Claiming your 401 (k) match is one of the best retirement moves you can make for 2026 because you could effectively double ...

Borrowing from your 401(k) might sound appealing when you need quick cash. After all, the typical 401(k) loan interest rate is low — usually the prime rate plus 1%, and you’re essentially paying ...

The 401(k) retirement savings plan is undergoing changes in 2025 aimed at enhancing retirement savings opportunities for many Americans, particularly older workers. The new rules include higher ...

You don't have be a superstar like Taylor Swift or Beyonce to become a 401(k) millionaire. While becoming a millionaire may seem impossible, the good news is anyone can become a 401(k) millionaire if ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

Forbes contributors publish independent expert analyses and insights. If you are a business owner who wants to maximize your tax savings on your 2024 income, check out the Solo 401(k) and the related ...

A U.S. Government Accountability Office study reported that 41% of American workers are unaware that 401(k) plans carry fees. Yet these fees can cost a workers thousands (and thousands) of dollars ...

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.