Mary Woulf was 22, a single mother and a college dropout. She went to a temp agency for a receptionist job. She did well on the test, so the agency sent her to its best client, a national mortgage ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Chip Stapleton is a Series 7 and Series 66 license holder, CFA ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Maskot / Getty Images Your 401(k) passes to the person you name on a ...

For tax year 2025 (returns you'll file in 2026), you can defer up to $23,500 into your workplace 401(k) account, a modest uptick from $23,000 in 2024. The increase applies to 401(k)s, 403(b)s, the ...

A 401(k) loan lets you borrow money at a low interest rate, but it can derail your retirement savings. Many, or all, of the products featured on this page are from our advertising partners who ...

A 401(k)'s rate of return, typically 6-8% annually, plays a crucial role in retirement savings. Maximizing employer 401(k) matches can significantly boost your investment returns. Regular review and ...

Investing in a Roth IRA allows you to take tax-free withdrawals after age 59 1/2. A taxable brokerage account can supplement savings in retirement plans. Self-employed individuals can open a solo ...