Balances for 401(k) retirement accounts hit the “second-highest average on record" in the final quarter of 2024, according to ...

Vanguard compiles data each year on 401 (k) trends. And according to its most recent data, the average 401 (k) plan balance ...

Once people set up their retirement plan contributions at work, they are often put on the back burner. Out of sight, out of ...

Your 401(k) statement balance equals the values of all the investments within your account. When those investments increase in value, so does your statement balance. Your 401(k) growth compounds ...

Among other changes, the law made it easier for small businesses to set up 401(k) plans and provided tax credits to employers who offered 401(k) auto enrollment. But critics said this reform didn ...

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the ...

If you have a 401(k) account through your employer, one option you may have available is taking out a 401(k) hardship loan or using a 401(k) hardship withdrawal to help fund some of those expenses.

said in a statement. But 401(k) plan participants say they still face numerous challenges. In fact, 61% said they needed the type of professional advice a financial advisor can provide ...

Following a "wrongful use" of 401(k) forfeited funds lawsuit filed in January, the banking giant is now being sued by ...

In 2024, Vanguard found that nearly 5% of 401(k) participants withdrew funds due to financial emergencies, with 35% using ...