According to the RMD rule, traditional IRA and 401(k) account holders who are at least 73 years old are required to withdraw ...

While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) distributions, while others provide deductions or exclude retirement income ...

So, you’ve done a good job of saving for retirement and have a nice balance in your retirement account. Then a problem comes up and you are unable to pay a rather large financial obligation. There ...

A 54-year-old with $4M in a 401(k) has eight times the average balance for people in their 50s. The rule of 55 allows penalty-free 401(k) withdrawals if you leave your job in the year you turn 55 or ...

If you're turning 60 in 2026, there are a few important 401(k) rules you need to know, including new contribution limits, tax ...

Some retirees will find themselves living in much more tax-friendly states than others. There's no doubt that being financially prepared for retirement is one of the surest ways to avoid stress in ...

Matt Danielsson has 21+ years of writing experience and 7+ years as a financial advisor. He is the founder of Danielsson Enterprise. Marguerita is a Certified Financial Planner (CFP), Chartered ...

A 401(k) can really boost your retirement savings. According to a new study, people who save for retirement with a 401(k) have significantly more savings than those who don't.

Both accounts have their merits, but one may be better for you. With 2026 just weeks away, you might already be setting goals for next year, including for retirement savings. While earmarking cash for ...

The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs. Americans who contribute to 401(k) and 403(b) plans, as well as governmental 457 plans and ...