Although employers have been allowed since 2024 to offer two new emergency savings options tied to 401(k)s, few have done so.

Some people will spend decades saving and investing for retirement, only to discover that they missed a step along the way. That commonly "missed" step? Devising their plan for decumulation − in other ...

Key Takeaways One-third of individuals who left a job withdrew their balance in a lump sum rather than rolling it over to their new job or another account.Cashing out before age 59 1/2 incurs a 10% ...

The reality is sobering: The average 401 (k) balance of a Gen Xer is about $190,000, while the average balance for Boomers ...

This straightforward guide breaks down the details on what exactly your 401(k) retirement account can and can't do for you in retirement.

When individuals contribute to retirement accounts, they are often able to defer taxes on those contributions and the investment gains they earn over time. However, when the time comes to withdraw ...

More than one in three U.S. workers have taken loans, early withdrawals, or hardship withdrawals from their retirement savings, according to new data from the Transamerica Institute. Personal finance ...

401(k)s are only available through your employer; Roth IRAs have income limits. 401(k)s offer the possibility of an employer match and high contribution limits. Roth IRAs allow tax-free retirement ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...