We see this happen slightly in the median 401(k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).

The average Self-Directed Brokerage Account (SDBA) 401(k) balance at Charles Schwab finished the fourth quarter of 2024 at $352,605, up by 13.6% since 2023, ...

Here’s some good news for workers who are using a 401(k) plan to save for retirement: You can stuff more in your account next year than you can this year. That’s because the cap on how much ...

While you might not feel as committed to 401(k) plans as markets roil, luckily, most companies still are. U.S. corporations understand that a 401(k) is a favorite employment perk. Charles Schwab's ...

Explore examples and press release best practices! For Journalists-Schwab 401(k) Study: Employers Step Up to Help Workers Manage Financial Stress ...

More than one-third of Fidelity plans now auto-enroll employees in 401(k)s at a contribution rate of 5% or higher. “Unless a new hire takes action, they’re going to be saving for the plan ...

No employer? No problem. Here’s how to open a 401(k) or similar retirement plan when you're self-employed or your job doesn’t offer one.

I have an after-tax 401(k) that I would like to roll over to a Roth IRA with Schwab. Experts at Schwab say it can be rolled over to a Roth IRA without paying any taxes. I think they are wrong as I ...

So, if you withdrew $10,000 from your 401(k) and were about 30 years away from retirement, you could be giving up nearly $264,000 in total returns. IRS penalty.

If low fees are your top priority, Charles Schwab’s Solo 401(k) is Investopedia’s top pick. There are no setup or recurring fees, plus you get commission-free trades on stocks, ETFs, and ...

401(k) loans are an alternative to withdrawing early. You can take out a loan from the account without having to pay taxes or fees. The interest you pay goes back into the account.