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 ...

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 ...

Many U.S. workers are not saving enough for retirement, even though higher savings can lead to a safer future. Only a small group manages to reach yearly 401(k) limits. Experts say saving early, using ...

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 ...

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 ...

I asked ChatGPT for the best 401(k) strategy for my 50s. Here's the actionable plan it recommended, from catch-up ...

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 ...

For many years the best action to take with a 401(k) account when leaving an employer was to roll over the account to an IRA. The rollover has been the most frequent IRA transaction, and rollover ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

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.