This DC senior was tricked into draining her 401(k) — now she’s on the hook for $180K in taxes after Congress stalled relief bills to help fraud victims Jacobs — a real-life investigator — to pursue the drug cartel, but in reality, she was being fed lies and manipulated into emptying her 401(k) by scammers. Over the course of months in 2023, the ... 01/4/2025 - 1:09 am | View Link
Ask an Advisor: I'm 65 and Have 82% of My 401(k) in Equities, Should I Move From Stocks to Bonds? In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The ... 01/4/2025 - 12:05 am | View Link
Julie Jason: Did you lose a 401(k)? New resource will help you find it. Workers may lose track of their retirement plans after they change jobs or after a prior employer merges with another company or goes out of business. 01/3/2025 - 8:00 pm | View Link
This big 401(k) change in 2025 could supercharge your savings. Here's why. The SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up contribution, whichever is greater. Since 150% of $7,500 is $11,250, that's the ... 01/3/2025 - 5:00 am | View Link
Amazon hit with ERISA lawsuit over policy for forfeited 401(k) funds Amazon is the latest defined contribution plan defendant in a series of approximately 30 forfeiture lawsuits since September 2023. The common complaint is that even though 401 (k) plans have ... 01/3/2025 - 3:45 am | View Link
2025 401(k) contribution limits: What you need to know For 2025, the standard catch-up contribution limit for 401(k) plans is $7,500. That means anyone who meets the age requirements can contribute a total of $31,000 to their workplace retirement plan. 01/3/2025 - 1:55 pm | View Website
The Rules of a 401(k) Retirement Plan The 401(k) plan has become the most popular retirement option for private-sector employees. Learn how they work and about the contribution limits for this year. 01/3/2025 - 7:28 am | View Website
401(k): What It Is, How It Works, Pros, and Cons A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and Roth. Here’s how they work. 01/3/2025 - 5:19 am | View Website
401 (k) plans A 401(k) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts. Elective salary deferrals are excluded from the employee’s taxable income (except for designated Roth deferrals). 01/2/2025 - 9:05 pm | View Website
What Is A 401(k) A Beginners Guide – Forbes Advisor A 401(k) is an employer-sponsored retirement plan. With tax benefits and potential employer matching contributions, a 401(k) is a great way to save for retirement. 01/2/2025 - 8:29 pm | View Website