Baby boomers have the highest average 401 (k) balance of all four generations. That’s no surprise, as they’ve been working ...

Generation X investors, who were born between 1965 and 1980, have put away just $187,400, on average. Those numbers are down ...

Roth 401(k)s are funded with after-tax dollars, which means you’ll pay zero taxes when you take the money out in retirement. A Roth is a better choice if you expect to be in a higher tax bracket ...

When business owners think about 401(k) plans, they often view them as an employee perk—one of those benefits you consider ...

Many employers offer 401(k) matching contributions as part of their job benefits package. That means they agree to duplicate a portion of your contributions up to a set percentage of your salary.

What does this mean for older Americans’ 401(k)s? For Americans nearing retirement, Stovall said there is likely still plenty of time to make up for lost ground from the most recent dip ...

That means people at those ages can save up to $34,750.Now for an ounce of reality: Most people do not max out their 401(k) savings, whatever their applicable contribution limit.Vanguard, in its ...

Your retirement tax problem could get bigger and bigger unless you take action, warn Utah financial advisors Ryan Thacker and Tyson Thacker.

What a Frozen 401(k) Means for You . If your 401(k) has been frozen by your company’s management, you will still retain all of the rights you had prior to the freeze.

A 2025 401(k) Rule Change Means These Workers Can Now Save More Than Ever Before. ... Those who are expecting a raise in 2025 should consider deferring some or all of that extra cash to their 401(k).