Traditional and Roth 401(k) plans are employer-sponsored retirement savings options. These plans are named after the provision of the U.S. Internal Revenue Code that created them. Both programs ...

The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the ...

Traditional 401(k)s give you a tax break today, but require you to pay taxes on your withdrawals later. Roth 401(k)s don't have an upfront tax break, but allow for tax-free withdrawals in retirement.

If you have a 401(k) through work, there's a chance your employer offers a Roth 401(k) option — and it's becoming more common ...

With a Roth 401(k), you give up a tax break on your contributions. Despite that drawback, Roth 401(k)s offer a host of benefits. Not only can a Roth 401(k) give you access to tax-free income in ...

You may be saving more in an easy-to-contribute retirement savings vehicle, but you're giving up a great deal of flexibility.

Your 401(k) or IRA could hide a tax time bomb. Withdrawals in retirement are taxed. RMDs at age 73 can spike income. Future ...

Q: My company is offering both a traditional and a Roth 401(k) plan this year. Is a Roth 401(k) the same as a Roth IRA? Is it better than a traditional 401(k)? A: A Roth 401(k) and a Roth IRA are not ...

Employers often force employees to choose between investing in two employer-sponsored retirement accounts: the traditional 401(k) and the Roth 401(k). Sound familiar? If so, you've probably debated ...

As your retirement savings in a traditional 401(k) grow over decades of working, you may feel an increasing sense of financial security. And that is good. You're doing what you've been told to do: ...

If you’re looking to grow your retirement savings, a 401(k) can be a game-changer—but what if your employer doesn’t offer one or what if you don’t have an employer at all? Let’s break it down and ...