Tag: 401k

A 401(k) is widely used to facilitate retirement savings, providing employees with a tax-advantaged way to build their nest egg. When an employer goes out...

Vesting is a process through which employees gradually earn ownership of benefits provided by their employer, such as retirement savings through 401(k) plans or stock...

Once every four years, we get to experience the unique event of a leap year, which adds an extra day to our calendars, making February...

Many people wonder whether they can take a loan from their 401(k) retirement account. While 401(k) loans are an option provided by some plans, there...

An employer-sponsored 401(k) plan is a great way to save money for retirement. With matching contributions from your employer, you are essentially getting free money...

There is no maximum age for participation in a 401(k) plan. As long as you are still working, you are never too old to contribute....

You are fortunate if you work for a company that offers a 401(k) plan as part of its benefits package. Most plans allow employees to...

The money accrued in your 401(k) is tied to your employer. The contributions come directly out of your paycheck, and your employer may match funds...

If your employer is acquired, the fate of your 401(k) plan may depend in part on what type of acquisition it is – asset sale...

If you leave your job for reasons other than retirement, you have four options on what to do with your 401(k). You can: Leave it...