The average American contributes a percentage of their paycheck to their 401(k). Here's how your savings rate compares.

Forbes contributors publish independent expert analyses and insights. I strive to alleviate stress by analyzing and clarifying the tax code. Mar 06, 2025, 05:15am EST Mar 13, 2025, 11:00am EDT ...

The new change to catch-up contributions could mean you’ll have more taxable income in the next filing year. For ...

When you make contributions to your 401 (k), the funds that you put into your account are vested immediately and are yours to ...

One of the biggest perks of 401(k) retirement plans is the opportunity for employees to earn "free money" through employer matching contributions; however, recent research from Vanguard Group reveals ...

The Internal Revenue Service lets older workers make catch-up contributions to their 401 (k)s to enhance their nest eggs as ...

401k matches are wise to take advantage of if you’re able to make the contributions. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to ...

(NewsNation) — The Internal Revenue Service announced the amount you can contribute to your 401(k) plans this year will increase to $23,500. The annual contribution limit for those who participate in ...

Millennials average 401(k) balance is $67,300, far below Gen X and boomers. Median savings are only $65,000, showing many lag ...

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 ...

An employer match is one of the most valuable features of many 401(k) plans. Even without an employer match of your contributions, however, a 401(k) can still be useful for retirement savings. The tax ...

As the new year begins, savings have hit unprecedented levels, but rising health care costs and growing poverty make ...