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The 401(k) system, introduced in 1978, is showing its age and grappling with significant challenges. Currently, only about 50% of workers have access to these plans through their employers ...
Yet we often turn a blind eye to 401(k) fees because we don't pay for them out of pocket. The cost of ignoring those fees can be staggering over the long term, significantly reducing how much ...
It took nearly 50 years, but half of private-sector workers are saving in 401(k)s for the first time. Long after workplaces started using these retirement plans in place of traditional pensions ...
Adults under 50 can contribute up to $23,500 to a 401(k) in 2025. Those 50 and older have long been able to contribute more money to their 401(k)s. A new SECURE 2.0 Act rule change enables a ...
Two Durham police officers have been criminally charged for their alleged roles in a catastrophic police chase the wrong way down Highway 401, a pursuit launched over an LCBO theft that ended in a ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places ...
A single-vehicle collision on Highway 401 in Kingston, Ont., led to impaired driving charges for a local man. Frontenac OPP responded to the crash on Sunday at approximately 7:30 p.m. Police say a ...
The median account balance was $60,763 Empower reported that the average 401(k) of someone in their 50s is $592,285, while the median is $252,850. Fidelity found the average 401(k) balance for ...
You probably already know if your employer offers a 401(k) plan to help you save for retirement. But there may be another option on offer that you are less familiar with — and in some situations ...
One of the most valuable perks of a 401(k) is its high contribution limits. In 2025, adults under 50 can contribute up to $23,500 to one of these accounts, and this doesn't include any match their ...
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