Employer-sponsored retirement plans usually take the form of either a 401(k) or a profit-sharing plan. Both options are tax-advantaged, but they differ considerably in how they work. To start, ...

Total 401(k) plan costs declined an average of three basis points in 2022, according to the latest annual edition of the "401k Averages Book" released Wednesday. Small 401(k) plans with 50 ...

Retirement should be a time of comfort and enjoyment after decades of contribution to the workforce. Yet financial uncertainty and anxiety overshadows this phase of life for nearly half of working ...

Because standard 401 (k) plans are often too expensive or confusing for many small employers, only one in three businesses offer this type of retirement savings plan, according to the most recent data ...

As a small business owner, carving out a reliable path to retirement for yourself and your employees is an important part of your financial plan. When thinking about the retirement plan options ...

As some Americans struggle to save for retirement, key 401(k) plan changes could soon make preparing easier for certain workers, experts say. Enacted by Congress in 2022, “Secure 2.0” ushered in ...

If you work for a private company, a 401(k) plan with matching contributions may be best. If you work for a government agency or non-profit organization, a 457 plan with more flexible withdrawals may ...

Understanding 401(k) account characteristics is important to maximize investment contributions and save enough money to fund your lifestyle in retirement. Investing in a 401(k) plan is one of the most ...