The 401(k) limit for 2025 for many savers is $23,500, but those working in their early 60s are allowed to save much more, if ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

(k) contribution limits rise to $34,750 in 2025 for workers aged 60–63. Learn how Gen X and Boomers can benefit via IRS.

Making regular contributions to your retirement account is key, but you also need to stay aware of changes that affect how ...

Learn the key differences between qualified and non-qualified retirement plans, including tax advantages, contribution limits ...

Many Americans in their peak earning years worry about being able to afford retirement. Here are some strategies to make sure you have enough to retire.

For tax year 2025, employees can defer $23,500 into their 401(k), a modest increase from the $23,000 contribution limit in 2024. The limit on annual contributions to an IRA, however, remains what ...

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

Making excess contributions can enhance long-term tax efficiency, protect capital and provide meaningful tax relief at ...

The Internal Revenue Service (IRS) announced on November 1, 2024, that the maximum contribution limit for 401(k), 403(b), ...

Under normal circumstances, IRAs can’t be transferred or gifted to a new owner, but divorce is an exception. IRAs can be ...