Single or head of household: You must have a MAGI of $150,000 or less to contribute the full $7,000 to a Roth IRA (or $8,000 ...

So, which type of 401(k) is better? That depends on when you want to pay taxes. Roth 401(k)s are often recommended to younger employees in lower tax brackets, as it’s assumed the income tax they ...

Most members of the millennial generation have around 25 to 40 years left until retirement. Investing in low-cost well diversified equity funds may make the most sense for this demographic.

A retirement savings plan can help you achieve these financial goals and stay on track. There are all types of retirement plans to help you build your wealth, from 401(k) to Individual Retirement ...

A 401(k) plan is one of the best retirement plans widely provided since the early 1980s after Congress established the Revenue Act. There are multiple types of 401(k) plans, including a ...

You can also boost your contribution rate whenever you get a pay raise. There are many different types of retirement plans, so you have plenty of great options to achieve your retirement goals.

While it is essential to save for retirement, sorting through the options for retirement accounts isn’t always easy. Individual retirement accounts come in many shapes and sizes. Choosing the ...

Each fall, the Internal Revenue Service (IRS) announces cost-of-living adjustments for retirement plans, generally slightly increasing the maximum contribution limits for different plan types to ...

Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on ...

The average match for a Roth 401(k) was 6.5%. Typically, two types of matching exist: Partial Match — If a company offers a partial match, your employer will match your 401(k) contributions up ...