Just 4% of 401(k) plans have adopted the Secure 2.0 provision allowing employees to withdraw $1,000 for emergencies from their retirement savings, according to a new Vanguard report. A second rule ...

There's a special rule that allows savers of a certain age to sock away even more money. It pays to take advantage of this option, even if your savings are in a good place already. Contributing to a ...

I just got my first paycheck of the year, and it shows that some money is now going in the Roth part of my 401(k). I didn’t switch any to Roth, so I called HR. They said it’s a new rule and I had no ...

Traditional 401(k)s are appealing because they result in immediate tax savings. While a Roth 401(k) doesn't give you tax-free contributions, you can benefit tremendously from having one of these ...

Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which stack on top of the regular limits for employee contributions to ...

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

High earners have to pay tax on their catch-up 401(k) contributions and deposit them into workplace Roth accounts Though annoying, there are benefits to having some money in a Roth account. Dear Dan, ...

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Milan Markovic / Getty Images One-third of ...

In 2026, a new IRS rule will reshape 401(k) plan contributions for millions of workers. Originally a part of the SECURE 2.0 Act of 2022, the rule alters how high-income Americans can save for ...

When it comes to retirement, most of us want to know where we stand compared to our friends and co-workers. The good news is that 401(k) contribution rates have reached a record high, according to ...