According to the loudest voices on social media, the traditional 401(k) is a trap designed by the government and big bad ...

Any money that you put into your 401(k) is yours. But when it comes to employer match contributions, things work a little differently. To own any portion of your employer's contributions, you'll need ...

You can take withdrawals from your 401(k) before you retire but in most cases you will pay a penalty in addition to income ...

There are more ways than ever to use your retirement account as an ATM. But those transactions come at a cost.

Growing your wealth without effort might sound farfetched to you, but people do it every day. When you invest your money, it grows while you're off doing other things. It's not likely to make you an ...

Maxing out a 401(k) sounds good, but the contribution limit is very high. In fact, it may not be the best use of all of your spare money. You should explore your other options before deciding what is ...

2026 brings changes to your 401(k) catch up contributions that you need to know about. Ignoring them could bring IRS hassles or a surprise tax bill. If you are participating in your 401(k) at work, ...

Key Takeaways Your 401(k) passes to the person you name on your beneficiary form—not through your will.Spouses and non-spouses face different rules and tax implications when inheriting a ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

It's a mistake that could cost you in a very serious way.

One of my coworkers is retiring next month, and he said he was leaving his 401(k) where it is. Why would he do that? Doesn’t he need to roll it to an IRA? Back To Top ...