A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and Roth. Here’s how they work.
Contributing to your 401(k) is a great way to prepare for retirement, allowing for tax-deferred growth and, in some cases, ...
A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created ...
Starting in 2026, the 401(k) contribution limit increases to $24,500 for 2026, up from $23,500 in 2025. There's also an increase for 401(k) catch-up contributions, which apply to workers age 50 and ...