401k

House Democrats are taking aim at “mega” IRAs like that of billionaire Peter Thiel in tax legislation unveiled this week.

You can use your current salary to get an easy estimate of how much you should have saved for retirement. Here’s a guide, broken down by current age.

You may need to use a combination of methods to generate the amount of tax-free retirement income you’re shooting for.

Covid hurt Americans’ retirement security. A new ranking looks at which countries fared better, based on finances, health and quality of life.

A proposal from House Dems would repeal Roth conversions in individual retirement accounts and 401(k)-type plans for those making more than $400,000 a year.

Even though most employers provide some sort of matching contribution to their workers’ 401(k)s, fewer than a third award immediate ownership of the money.

The rules that apply to inherited retirement accounts depend on your relationship to the person who died.

About one-third of Americans aren’t offered an employer-sponsored retirement plan at work. Here’s how they can still save for the future.

Workers with a 401(k) plan who leave their jobs should be aware of how their departure would affect their account and what their options are.

Many retirees are hesitant to tap their nest eggs, but research shows they may spend freely with guaranteed income. Here’s what older Americans need to know.

A report by the Government Accountability Office, a congressional watchdog, found many Americans do not understand fees for their 401(k) retirement plans.

Research shows that most retirees aren’t withdrawing money from their nest eggs before their required minimum distributions.

About 75% of 401(k) plans allow for Roth contributions. But the share of savers using Roth accounts is stubbornly low, according to retirement experts.

A congressional proposal aims to reduce the number of retirement accounts or pension benefits that end up being hard for workers to track down.

Boosted by the market’s recent run-up, the number of 401(k) and IRA millionaires are at record highs, according to Fidelity.

As required in the 2019 Secure Act, 401(k) plans will soon start providing estimates on income that participants’ savings would provide if annuitized.

If you are married and file taxes jointly, you can open a spousal individual retirement account and have your partner contribute.

There are a few moves you can make with your 401(k) when you change jobs. Here are your best options.

Although extra income from a job can let you leave more in your retirement account to grow, it may negatively affect other aspects of your financial life.

Under a provision included in both Senate and House retirement bills, so-called “catch-up contributions” would be expanded.