Tara Moore / Getty Images Two types of Internal Revenue Service (IRS)-sanctioned, tax-advantaged employee retirement savings plans are the 401(k) plan and the 457 plan. These retirement savings ...

For workers, a standard 401(k) plan offers a straightforward and tax-advantaged way to save for retirement, but for employers, setting up a 401(k) plan is anything but simple. Companies that want ...

A 401(k) plan is a retirement savings plan sponsored by an employer that allows employees to save and invest a part of their paycheck before taxes are taken out. This plan got its name from ...

might open an IRA via a financial institution since they don’t have access to a 401(k) plan. Despite the fact that most don’t come with matching contributions, IRAs do have some advantages.

Always maximize employer 401(k) matches to ensure 100% return on contributions. Choose contributions as a salary percentage to naturally increase savings over time. Invest according to age, using ...

The analysis of anonymized plan data, coupled with qualitative, people-centered research, provide insights into specific actions toward racial equity within the DC system. In this inaugural report ...

That said, Lichtenstein says the 401(k) space is extremely litigious and any potential new claim that could be brought against multiple plan sponsors is an important risk to consider.

If you like the structure of your plan, and if this is an option, you can leave your money in the 401(k) unchanged. You cannot make new contributions to this plan once you retire – only withdrawals.

But in addition to potentially harming your long-term savings goals, taking an early withdrawal from your 401(k) can be expensive. First, you'll need to check with your plan administrator to see ...

See how we rate investing products to write unbiased product reviews. A 401(k) plan is an employer-sponsored retirement plan with substantial growth potential. Your 401(k) plans can be funded with ...