These days, we're hearing a lot about the many benefits of Roth accounts. However, they're not the best choice for every ...

Saving up $1 million is an applaud-worthy achievement worth celebrating. Indeed, anyone who reaches such a milestone is now officially a millionaire. And why a few million more saved up for retirement ...

When hard times befall you, you may wonder if there is a way withdraw money from your 401k plan. In some cases you can get to the funds for a hardship withdrawal, but if you’re under age 59½ you will ...

On September 13, 2024, Fidelity Investments blocked access to platforms that are “reliant on credential sharing to access and take action on Fidelity customer accounts,” cutting off a key connection ...

Discover a common 401k mistake that could be costing you millions. Learn how to optimize your retirement plan for long-term ...

One advantage of a 401k account over an IRA is that you can borrow money from your 401k, but not from your IRA. True enough, but should you? It depends on your circumstances. Below are some reasons ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Are you worried that federal income taxes will increase in the future due to the burgeoning federal debt? If that possibility concerns you, you might be thinking you should convert your traditional ...

Forbes contributors publish independent expert analyses and insights. I share advanced wealth wisdom: stocks, tax, estate and more. We often get questions on the wisdom of rolling over from a 401k.

If you find yourself between jobs or if your employer doesn’t offer a 401k retirement account, you might be wondering, “Can I add more money to my 401k?” Unfortunately, 401k plans are sponsored by ...

Reverse mortgages can make a lot of sense for many retirees who could use a bit of a cash jolt. Undoubtedly, there are potential downsides to consider before even thinking about signing a contract.

Assalamu Alaykom,My employer offers a retirement saving plan (401k) which has several tax advantages in the US. The employer encourages employees to participate in the plan by matching up to 3% of the ...