A 401(k) plan is a tax-advantaged retirement account offered that's by many employers. There are two basic types: traditional and Roth. Here’s how they work.

Many people feel unsure about what really happens to a 401(k) once retirement begins, especially with taxes and rule changes. Your options become clearer once you know the key ages, penalties, and ...

A Roth 401(k) is a workplace retirement account that lets you contribute after-tax dollars today in exchange for tax-free withdrawals in retirement. In other words, you pay taxes on your contributions ...

You might think you already know all you need to know about how your 401(k) works. After all, the premise of such accounts is fairly straightforward: You elect to contribute a percentage of each of ...

It can take creativity, patience, and hard work to make the “working-longer” retirement strategy work for you.

Employers may match your 401(k) contributions, often limited to a certain percentage. Understanding your company's matching and vesting rules can maximize your benefits. Be aware of annual 401(k) ...

If you're stressing about saving enough for retirement, it's possible you're ignoring an easy win already included in your employment benefit package. Many employers will add money to your existing ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Getty Images The average 401(k) balance for people in their 40s ...