“A 401(k) is a workplace savings plan that has tax advantages as an incentive to invest for retirement,” noted the financial firm Fidelity Investments. It allows you to save in a tax-deferred account.

When you make contributions to your 401 (k), the funds that you put into your account are vested immediately and are yours to ...

Forbes contributors publish independent expert analyses and insights. If you are a business owner who wants to maximize your tax savings on your 2024 income, check out the Solo 401(k) and the related ...

The average 401(k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb. During the first quarter of 2025, the 401(k) savings rate, including ...

Paint and coating firm Sherwin-Williams Co. will temporarily suspend the company’s matching contributions to its 401(k) plan, the Sherwin-Williams Co. 401(k) Plan, Cleveland, effective Oct. 1, citing ...

A good 401(k) program helps employees save more, pay less in fees, and make smart investment choices. As trusted advisors, RIAs need to know which employers offer the strongest options for clients. In ...

Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Saving for retirement is one of the most important ...