If you’re trying to maximize retirement savings, knowing the Roth 401(k) contribution limits for 2025 is key. This year, you can put away $23,500 from your paycheck, and if you’re 50 or older, you get ...
The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Ivan Rodriguez Alba/ Getty Images The average 401(k) balance ...
Borrowing from your 401(k) might sound appealing when you need quick cash. After all, the typical 401(k) loan interest rate is low — usually the prime rate plus 1%, and you’re essentially paying ...