Small 401(k) mistakes in your 70s can trigger taxes, penalties, and lost income. Here are nine common errors retirees should ...

Contributing the maximum amount to your 401 (k) does more than help you save for retirement. It also reduces your taxable income, which brings down your total tax burden while you’re still working. If ...

There's a new rule coming to 401(k) catch-up contributions this year that affects higher earners. And it may also have an ...

A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...

Workers should know about these six 401(k) tax rules that can affect how much they'll pay in taxes both now and in retirement ...

Tapping into a 401(k) plan early could come with penalties — unless you qualify for an exception. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

A 54-year-old with $4M in a 401(k) has eight times the average balance for people in their 50s. The rule of 55 allows penalty-free 401(k) withdrawals if you leave your job in the year you turn 55 or ...

(k) cathc up contributions. Ignoring these changes could get you in trouble with the IRS or cause a suprise tax bill.

Retirees with an IRA, 401 (k), or other type of account likely know that the IRS has had a Required Minimum Distribution (RMD ...