The first quarter of 2024 has seen an unprecedented rise in the number of 401(k) millionaires. This milestone highlights the ...
The 401(k) millionaires club is small but it is growing, thanks to continued contributions and the march toward Dow 40,000.
The number of people who crossed the seven-figure mark hit an all-time high in the first quarter, though retirement savings ...
Despite challenging financial and economic conditions lately — namely inflation and soaring rates which have left little for savings — some Americans have been successful in beefing up their ...
People planning for retirement have a large number of concerns. Among them are Social Security payment expectations, health costs, and many other circumstances involving wealth and money.
Retirement investors face a challenging conundrum when choosing the best 401(k) funds: how to discern the value for the fees you pay. High fees can only be rationalized if a fund has consistently ...
I’m divorcing after a lot of heartache, and finally extracting myself from two decades of marriage that included setting aside a very lucrative career to focus on the kids, a cross-country move ...
You may be able to convert your traditional 401(k) into a Roth 401(k) if your employer offers both types of plans. It boils down to when you want to pay taxes on your retirement savings: while you ...
Fidelity Investments‘ latest data noted that average 401(k) balances for Gen X long-term savers have hit $543,400. This is the first time Gen Xers have overtaken baby boomers, who averaged $543,200.
Despite challenging financial and economic conditions lately — namely inflation and soaring rates which have left little for savings — some Americans have been successful in beefing up their 401(k)s ...