401(k) FAQs

A 403(b) plan is a retirement savings plan offered to public school employees and … Read more

: The 401(k) limit refers to the maximum amount an individual can contribute to … Read more

Generally, you can close your 401(k) while still employed, but there are a few … Read more

When you retire, you may wonder if you have to pay taxes on your … Read more

A 401(k) match is a contribution an employer makes to an employee’s retirement savings … Read more

Withdrawing money from your 401k before age 59½ usually comes with a 10% penalty, … Read more

A Safe Harbor 401(k) plan offers employers a way to reduce the risk of … Read more

The optimal 401k contribution percentage depends on several factors, including age, income, savings goals, … Read more

Withdrawing from a 401k involves several steps. First, consider your financial situation and understand … Read more

Understanding the rules around 401(k) withdrawals is crucial. Generally, you can’t touch these funds … Read more