401K

Sen. Elizabeth Warren (D-Mass.) has raised concerns about a major retirement plan provider’s intent to offer private equity and credit investments within 401(k) accounts. What Happened: In a letter obtained by Axios, Warren, the top Democrat on the Senate Banking Committee,...

Tariff announcements and pauses have led to high volatility within the stock market and have investors trying to decide what to do with investments and personal savings. A personal finance expert recently offered up some advice and commentary on President Donald Trump's potential tariffs. Author...

Personal finance expert Suze Orman urges pre-retirees to take advantage of significant new opportunities to boost their 401(k) savings. Updated contribution rules will take effect in 2025, allowing workers aged 60 to 63 to save more than ever.  Higher Contribution Limits for 2025 The IRS...

A Reddit user's late-night post has people thinking twice about their financial choices. The poster, who's been at the same job for a decade, shared a raw and relatable confession: "I wish I had spent the past 10 years investing in BTC instead of 401(k). Pretty much the title. I just got off work,...

Retirement savings plans like IRAs and 401(k)s are often promoted as key tools for securing financial stability in retirement. However, new findings from the Employee Benefit Research Institute (EBRI) reveal that these accounts play a surprisingly limited role in retirees’ overall income. Don...

Economic sentiment has improved among workers even as the labor market sends mixed signals. What Happened: According to a Charles Schwab study, anxiety surrounding inflation and market volatility have, to a small extent, subsided in the past year. Of the 1,000 U.S. 401(k) plan participants...

Stock market investing has become increasingly popular, with a good portion of Americans who have accrued substantial wealth. The Data: A post on X relayed data from the University of Michigan Survey of Consumer Sentiment. The University of Michigan Survey of Consumer Sentiment shows that a...

Maxing out your 401k or 403b is standard financial advice. But by no means is this mandatory and there can be plenty of reasons why you wouldn’t want to. As a reminder, the max you can contribute into your 401k during 2023 is $22,500. Those 50 and older can save an additional $7,500 per...

What does being a millionaire truly get you? • No longer enslaved to a 9-5 • No one micromanaging you • Live anywhere in the world • Pursue your true passions • Live off your investments • Free from alarm clocks Today we’re going to cover 6 practical ways you can...

Rolling over a 401k plan to an IRA can be a smart financial move for many individuals. Not only can it provide greater flexibility and control over investment choices, but it may also offer potentially lower fees and other benefits.  Here are 9 reasons to consider rolling over your 401k....

The new year brings many changes for workers in the U.S. contributing to a retirement plan. The largest one of all is an increase in the contribution limit for employees who participate in 401(k), 403(b) and most 457 plans as well as the Thrift Savings Plan. Workers can now contribute an extra $2,...

As cryptocurrency Bitcoin (CRYPTO: BTC) gains in price and interest from investors and people new to the sector, the coin is gaining more use cases from companies. While some companies are adding Bitcoin to their balance sheets, like Tesla Inc (NASDAQ: TSLA) and Block Inc (NYSE: SQ), there are...

A mutual fund is a professionally managed financial security that pools assets from multiple investors in order to purchase stocks, bonds, or other securities. A fund’s investors may range from individual investors’ 401(k) plans and Individual Retirement Accounts (IRAs) to institutions...

April is National Financial Literacy Month, which means it’s a good time to ask: do you consider yourself financially “literate?” It’s an important consideration for investors, because markets are constantly changing, and everyone’s financial plans can use a thorough...

One of the things you have to consider when changing jobs or nearing retirement is what to do with your old workplace savings plan.  The more frequently you’ve changed jobs, the greater the chance that you may still have an old 401(k) with a former employer, maybe even one you forgot...