Planning for retirement involves balancing various income sources to ensure a financially stable future. However, withdrawing ...

Key Takeaways The average 401(k) balance for 50-year-olds provides a helpful benchmark for retirement planning, but the numbers vary by plan provider.Your 401(k) balance is influenced by several ...

American workers are spending less time in their jobs before jumping to a new employer, recent data from the U.S. Bureau of Labor Statistics shows. U.S. workers have been with their current employer ...

Certain investments could provide a strong hedge against market volatility, while others could be very tax efficient in a ...

Anyone, and I mean anyone, can become a 401(k) millionaire if given enough time. According to Fidelity, the number of 401(k) millionaires on its platform has grown an astounding 25% this year. That ...

It happens to a lot of people: You leave a job with every intention of rolling over your 401(k), but then you get busy with the next thing in your life and that account doesn’t seem so important ...

After you max out your 401(k) match, it's okay to look elsewhere for your retirement savings needs. Roth IRAs let you access your money completely tax free once you qualify. Roth IRAs tend to have ...

Comparing yourself to other investors can be a dangerously misleading exercise. Other investors may have different investing goals than you, and they certainly earn different incomes. Some future ...

Converting retirement funds from a 401(k) into a Roth IRA offers the opportunity for tax-free growth and tax-free withdrawals ...

How do plan sponsors and employers narrow the wealth gap in 401(k) plans? The Collaborative for Equitable Retirement Savings (CFERS), which collects data on retirement income disparities, attempted to ...

Given that the S&P 500 fell 3.7% in the third quarter of this year, it’s not surprising that 401(k) account balances followed suit. The average 401(k) balance was down 4% from the second quarter, but ...

You must choose between the provided investment options in a 401(k). You must take required minimum distributions from a 401(k) at age 73. 401(k)s have higher administrative fees than IRAs. The ...