The average retirement plan participants between the ages of 45 and 54 had an average balance of $168,646 in 2023, according ...

There is an unprecedented surge of newly defined contribution plans—especially 401 (k)s. According to a Cerulli report, it’s ...

All defined contribution plans basically work the same way. You decide how much you want to contribute, and your employer puts the money into your individual account on your behalf. The investment ...

If you want to get the most out of your 401 (k) account, you obviously need to contribute money of your own. But you also ...

When it comes to saving for retirement, a 401(k) plan is one of the smartest financial products you can utilize. Contributions to these employer-sponsored plans are tax-deferred, so they lower ...

The same research team that documented the impact of auto-enrollment and auto-escalation in 401(k) plans has returned to ... are helpful — and they do little harm — but the magnitude of ...

A 401(k) plan is one of the best retirement plans for ... which could require greater spending in retirement. People who work in agriculture, mining, and construction contribute significantly ...

For many employees, what to do with a 401(k) plan at retirement has been a foregone ... who have had credit or bankruptcy problems, or work in a profession where there’s a possibility they ...

Pros and cons of crypto in a 401(k) plan Views are mixed about how much crypto to add to retirement savings or if it's wise to allocate any at all. Some financial advisors say crypto can work ...