The bipartisan bill seeks to update the notice with “plain and concise language” regarding retirement plan distribution ...

The tax consequences of 401(k) rollovers depend on the option you pick Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and ...

Empower, the country’s second-largest retirement plan recordkeeper by assets, has built up a staff of 1,000 advisors in recent years to provide wealth management services to individuals, including the ...

Similarly, if your new 401(k) plan options are comparable, it might not be worth the effort to roll over your old 401(k). If ...

Capitalize is a free 401(k) locator and IRA rollover platform. It helps workers find their old employer-sponsored retirement plans and transfer the assets into a new independent retirement ...

The outrage caught the attention of lawmakers, and although it took more than a decade, federal legislation to protect workers’ retirement ... exploitation during rollovers,” Powell said.

Many 401(k)s include automation features designed to make life easier for plan participants. But going with the default option isn't always the best choice for your savings. Review your investment ...

The average worker believes he or she will need a whopping $1.8 million saved for retirement, according to a 2024 survey from Charles Schwab. Retirement planning is a highly personal process ...

As challenging as it may be to be a solo business owner, though, the benefits can be pretty sweet – including the chance to change the course of your retirement by taking advantage of a Solo 401(k).

Adults under 50 can set aside up to $23,500 in a 401(k) in 2025, while those 50 to 59 and 64 or older can save up to $31,000. Those aged 60 to 63 can contribute the most at $34,750 this year.