When it comes to saving for retirement, a 401(k) plan is one of the smartest financial products you can utilize. Contributions to these employer-sponsored plans are tax-deferred, so they lower your ...
Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...
On December 20, 2023, the IRS issued Notice 2024-2, which provides question-and-answer guidance on various aspects of the SECURE 2.0 Act. This post focuses on the ability to make employer ...
Seyfarth Synopsis: Under Section 604 of Secure 2.0, sponsors of 401(k), 403(b) and governmental plans may allow employees to designate employer match (including match on student loan repayments) or ...
Older high-income workers who make contributions beyond the standard amount will have to put that extra money into a Roth 401 ...
Benefits, requirements, and process of a popular type of 401(k) retirement savings plan for small businesses Christopher A. Farrell is a bestselling author, and former Wall Street trader and market ...
This article explains the 2026 catch-up contribution limits.